Arrayent Secures $11,000,000 New Financing Round

  • Feed Type
  • Date
    9/22/2015
  • Company Name
    Arrayent
  • Mailing Address
    2317 Broadway St. Redwood City, CA 94063 USA
  • 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
    $11,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    With this new investment round, we will be able to increase the number of use cases Arrayent enables for existing customers and add many new customers in 2016.
  • M&A Terms
  • Venture Investor
    DCM Ventures
  • Venture Investor
    Intel Capital
  • Venture Investor
    Opus Capital
  • Venture Investor
    Comerica Bank
  • Venture Investor
    Undisclosed