Phillip Chang

Ayla Networks, a provider of Internet of Things (IoT) platform-as-a-service (PaaS), announced that China Telecom Corp. Ltd., the integrated information service operators in the world, has selected the Ayla IoT platform as the basis for its ambitious IoT initiative.

Ayla Networks, the provider in Internet of Things (IoT) platform-as-a-service (PaaS), announced that it has raised $60 million (€51.50 million) in Series D financing led by Run Liang Tai Fund (RLT) and Sunsea Telecommunications Co. Ltd.