What is Arrayent?
Arrayent provides a sophisticated virtualization platform designed to empower consumer brands in the delivery of smart-connected products. By offering a cost-effective pathway to connectivity, the company enables manufacturers to enhance product utility and foster deeper, long-term relationships with their end-users. The firm's core technology is instrumental in the broader Internet of Things sector, allowing legacy brands to transition into the digital age without the prohibitive costs typically associated with custom infrastructure development. Through its unique approach to virtualization, Arrayent has become a trusted partner for global enterprises seeking to improve product safety, convenience, and overall market value.
How much funding has Arrayent raised?
Arrayent has raised a total of $18.6M across 3 funding rounds:
Private Equity
$738K
Series B
$11.9M
Debt
$6M
Private Equity (2009): $738K, investors not publicly disclosed
Series B (2013): $11.9M led by Intel Capital, Opus Capital, and DCM Ventures
Debt (2014): $6M supported by DCM Ventures and Zygote Ventures
Key Investors in Arrayent
Intel Capital
A division of Intel that invests in innovative startups targeting artificial intelligence, autonomous vehicles, and next-generation compute technologies.
DCM Ventures
A prominent venture capital firm focused on supporting market-leading companies through strategic planning and audience insights.
Opus Capital
An early-stage investment firm that targets innovative technology companies and provides deep operational expertise to foster new market creation.
What's next for Arrayent?
With the support of its latest financing, Arrayent is well-positioned to accelerate its market penetration and expand its technological footprint. The company's strategic focus will likely center on deepening its integration capabilities and scaling its platform to accommodate the increasing demand for interoperable smart devices. By leveraging the expertise of its seasoned investor base, Arrayent is poised to navigate the complexities of the IoT ecosystem, focusing on sustainable growth and the continued evolution of its virtualization suite to meet the rigorous demands of enterprise-level clients.
See full Arrayent company page
