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Ayla’s mission is to build an ecosystem for the Internet of Things. Today, the startup emerged out of stealth mode and revealed $5.4 million in financing. Ayla’s platform enables manufacturers of household products, like appliances and thermostats, to turn them into connected devices.
“The Internet of Things is inevitable,” said CEO and cofounder David Friedman in a Q&A. “In just a few years, the cost to add connectivity will be so small, that it will be built into almost everything. Apple, Amazon, Nest and even Google have developed breakthrough products — we let appliance makers do the same. This will allow the mass manufacturers start to develop intelligent products. Product design will be fundamentally altered.”Startup Gets $5.4 Million Funding To Build an Internet of Things [venturebeat.com]