Based in Japan and India. Has led to 1 successful fundraise in Japan. Been working the space of Venture Capital and Private Equity for the last 3 years.

Arrayent ( Arrayents Com, leader in virtualization technology for the Internet of Things, today announced its Series B Funding Round, led by DCM Ventures, with the participation of Intel Capital.

‘Arrayent has a very strong position with a fundamentally unique and differentiated approach to the Internet of Things,’ said Shane Dyer, founder and CEO of Arrayent. ‘This latest round of funding will allow us to expand our platform and continue to expand our customer base within strategic global markets. ”

Building on the power of the cloud to make home connected consumer devices less complex and more affordable, Arrayent’s technology enables manufacturers of consumer products, retailers and service providers to strengthen their relationships with consumers.

Jason Krikorian, DCM Ventures’ general partner, said, “We are extremely constrained by Arrayent’s cloud-oriented architecture. With it, it’s no longer true that in order to provide sophisticated connectivity, the complexity of the device has to escalate unduly. Architecture like Arrayent is the key to the Internet of Things that delivers on its massive promise, and global consumer brands recognize that ”

Arrayent provides a platform on which companies can build a wide range of compatible connected products so that home appliances can be controlled with a single smartphone application. Some of Arrayent’s customers include Whirlpool, Pentair, First Alert and Chamberlain as well as U-leaders. Oh, S Retailer In Europe, the company is also associated with SALUS Controls plc, a leading supplier of thermostats.

‘Arrayent enables manufacturers, retailers and service providers to deliver smarter, more connected consumer products,’ said Arvind Sodhani, President of Intel Capital, and Intel Executive Vice President. ‘By shifting the complexity of software and connectivity to the cloud, Arrayent helps companies realize the potential of the Internet of Things. ”

About Arrayents, Inc.

Arrayant, Inc. Enables consumer brands to deliver superior, affordable and smart-connected products that make life safer, easier – better. Trusted by world-leading companies, Arrayent’s unique virtualization technology propels the Internet of Things by enabling customers to cost-effectively add connectivity that enhances products and fosters consumer relationships.

The strength of Arrayent’s technology is best demonstrated by the success of its customers’ products. Case studies by companies such as Mattel, Maytag Commercial Laundry, LiftMaster, Monster and Whirlpool Corporation are available at Arrayents Com/case studies

To learn how Arrayent can help connect to your products, please visit Arrayents Com or call 650-260-4520 Follow the array on Twitter at @Arrayent or on Facebook.

About DCM Venture

DCM is an early-stage venture capital firm based in Silicon Valley, Beijing and Tokyo with over $2 billion under management. DCM is investing in more than 200 technology companies across the United States and Asia, providing hands-on operational guidance and a global network of business and financial resources. DCM has supported industry-leading companies such as 51job, About Come, Clearwire, eDreams, Foundry Networks, Kabu Com, Sling Media, SMIC, VanceInfo Recent achievements (IPOs and M&As) include China-based 58 Com, Renren, BitAuto, Dangdang, Luxin and Vipshop; Pokelabo (GREE) based in Japan and StarFlyer and U Oh, S -Fortinet, PGP (Symantec) and SandForce (LSI)

About Intel’s Capital

Intel Capital, Intel’s global investment and M&A organization, is investing in innovative technology start-ups and companies worldwide. Intel Capital invests in a wide range of companies offering hardware, software and services aimed at enterprise, mobility, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$11 billion in more than 1,322 companies in 54 countries. In that timeframe, 204 portfolio companies were made public on various exchanges around the world and 336 were acquired or participated in a merger. In 2012, Intel Capital invested US$352 million in 150 investments, with approximately 57% of the funds invested outside of North America. For more information on Intel Capital and its differentiated advantages, please visit www. Intel-capital Come or follow @Intelcapital

Please note that this piece of work originally appeared in English at https://www.vcnewsdaily.com/Arrayent/venture-funding.php. As Investocracy aims to bring global startup news and updates in both English and Japanese to you, it’s important that we attribute original source to you. If you have any questions/concerns please write to us at contact@investocracy.co

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