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Internet of things cloud company Arrayent nabs $11.9M

on November 12, 2013

Gigaom

Arrayent, a company that provides a cloud for connected sensors, has raised $11.9 million from DCM Ventures, Opus Capital and Intel(s intc) Capital, bringing its total funding to $13.4 million. The company is one of many trying to provide the cloud back-end for connected devices. It however, is unique in that it has been around since 2002 (it reorganized in 2005 to pursue the connected device market) and has some high-profile customers such as Whirlpool(s whr), LiftMaster and Mattel(s mat).

CEO Shane Dyer explains that the concept behind the Arrayent cloud is that companies can embed connectivity and set up a service around the device while also controlling the data coming from the device and access to that data via third-parties. So while I’m advocating openness among apps and hoping to see my washing machine talk to my electric meter without ever having to open or even install an app…

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