Follow The Money: 10 Recent Tech VC Investments To Watch


Headquarters: San Francisco, Calif.

CEO: Shane Dyer
New Funding: $11.9 million
Round: B
Backers: DCM Ventures, Intel Capital

With a focus on providing simple cloud connectivity solutions to accommodate the Internet of Things in the consumer space, Arrayent is making strides in how retailers can evolve the connectivity of all kinds of devices, from refrigerators to thermostats. Arrayent will use the funding to grow its global customer base and expand the platform, the company said in a statement.