Arrayent Garners $11,900,000 Series B Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3444b715-b182-4b0c-87b7-292de9bb93e9
Date
11/13/2013
Company Name
Arrayent
Mailing Address
2317 Broadway St Redwood City, CA 94063
Company Description
The Arrayent Connect Platform is a Cloud and Embedded Platform for Connected Products that enables manufacturers, retailers, and service providers to connect consumer products to web and smartphone applications.
Website
http://www.arrayent.com
Transaction Type
Venture Equity
Transaction Amount
$11,900,000
Transaction Round
Series B
Proceeds Purposes
This latest round of funding will allow us to expand our platform and continue to grow our customer base within strategic global markets.
M&A Terms
Venture Investor
DCM
Venture Investor
Intel Capital