What is Arrayent?
Arrayent empowers consumer brands to deliver superior, affordable, and smart-connected products that enhance safety, ease of use, and overall quality of life. The company's proprietary virtualization technology is a key driver in the expansion of the Internet of Things, allowing clients to cost-effectively integrate connectivity. This capability not only enriches product offerings but also cultivates deeper relationships with end consumers, positioning Arrayent as a critical enabler for IoT adoption across various industries.
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 DCM Ventures, Intel Capital, and Opus Capital
Debt (2014): $6M supported by DCM Ventures and Zygote Ventures
Key Investors in Arrayent
DCM Ventures
DCM Ventures is a venture capital firm that invests in early-stage technology companies, focusing on sectors such as enterprise software, consumer internet, and digital media. They are known for their active involvement in portfolio companies, providing strategic guidance and operational support to foster growth and market leadership.
Intel Capital
Intel Capital is the corporate venture capital arm of Intel Corporation, investing in innovative technology companies worldwide. Their investment focus spans areas like artificial intelligence, autonomous vehicles, cloud computing, and 5G, aiming to foster ecosystem growth and strategic partnerships that align with Intel's long-term vision.
Opus Capital
Opus Capital is a venture capital firm that specializes in early-stage investments in technology companies. They partner with entrepreneurs to build market-leading businesses, often focusing on disruptive technologies and innovative business models. Their investment philosophy emphasizes deep industry expertise and a collaborative approach with founders.
What's next for Arrayent?
The substantial enterprise-level funding Arrayent has garnered indicates a strategic push towards scaling its operations and further developing its IoT enablement platform. This capital infusion is expected to accelerate product innovation, expand market reach, and solidify its position as a leader in connecting consumer products. The company's focus on virtualization technology suggests a continued emphasis on providing robust and scalable solutions for brands looking to capitalize on the connected consumer trend.
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