China’s Sunsea Telecom, HK’s Run Liang Tai lead $60m round in U.S. IoT firm Ayla

China’s Sunsea Telecom, HK’s Run Liang Tai lead $60m round in U.S. IoT firm Ayla

David Friedman, CEO, Ayla Networks. Photo: Ayla website

Shenzhen-based telecom company Sunsea Telecommunications and Hong Kong’s private investment firm Run Liang Tai Fund have jointly led a $60-million Series D in US-based Ayla Networks, an Internet of Things (IoT) platform-as-a-service (PaaS) provider.

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