Tuya Smart announces Global Brand Empowering Project at IFA 2018


August 29, 2018. Tuya Smart, the world’s leading AIoT (AI+IoT) platform, today announced at IFA 2018 in Berlin its Global Brand Empowering Project. With the aim of bringing internet connectivity to mainstream B2C brands that would otherwise not have the technological know-how to transform their products into smarthome compatible devices, Tuya Smart is continuing its mission to help more than 100,000 enterprises make their services and products smarter across the globe.




Speaking of the award, Alex Yang said: “Tuya Smart is honoured to have been awarded this prestigious prize at Europe’s biggest tech tradeshow. We firmly believe in our ambition to revolutionize the smart home market through our AI+IoT solutions, so it is very encouraging to be recognized by IFA and the International Data Group, who we thank enormously.”




$200m C round funding

Last month Tuya Smart announced that it closed almost $200 million in C round funding with Australia's sovereign wealth fund Future Fund, NEA, CICC Silicon Valley Fund, China Broadband Capital, Quadrille Capital, C.M.Capital and other financial institutions. It is an uncommonly large amount of fundraising for the global IoT industry that Tuya Smart will continue to use to develop technological innovations in AI+IoT and create new IoT consumer-related scenarios.


Going to IFA? Join Tuya Smart in Hall 26 – Stand 226

If you will be at IFA, don’t forget that you can discover for yourself the amazing Smart HomeExperience Zone with Tuya’s Alexa-controlled lights, curtains and security cameras, at Tuya Smart’s stand: Hall 26 - Stand 226.


On the stand, product managers and technicians will be at hand to explain the devices’ respective functions which can be set and controlled via app or voice.


Tuya Smart Co-Founder and COO Alex Yang will also be available for interview on the stand to discuss the future of Tuya Smart as well as the role of AIoT in our daily lives.


A special cocktail for the press will be held on August 31 and on September 1 from 3pm to 5pm.


About Tuya Smart

Tuya Smart makes technology solutions for OEMs, turning traditional devices such as lighting sockets into IoT-connected devices for the smart home. Tuya Smart has developed thousands of software and hardware products for companies including TCL and Archos, and currently serves over 10,000 clients across the globe, reaching millions of consumers with over 20 billion daily device requests and more than 6 million daily AI interactions. Tuya’s cloud service, which has accumulated data upwards of 1PB (petabyte), complies with high-level encryption technology to guarantee its client’s data security with GDPR certification.


Founded in 2014, Tuya Smart has offices in Silicon Valley and has data centres in Portland (Oregon, US) and Frankfurt (Germany). Tuya Smart is the first global platform that fully works with Amazon Echo, Google Home and IFTTT. https://en.tuya.com



PRESS CONTACTS – OPEN2EUROPE


Neil Atherton +33 (0)1 55 02 27 84 n.atherton@open2europe.com


Miléna Mahé +33 (0)1 55 02 15 17 m.mahe@open2europe.com