Funch, replacing an injured Paulo Thiago, seemed like a game opponent for Pyle, but he wilted after getting tagged with a hard straight-right.
The punch rocked Funch and Pyle followed up with a pair of knees that dropped Funch to the ground.
From there, Pyle pounded away on his opponent until the referee stopped the fight.
What we'll remember about this fight
People tend to remember knockouts, and this was a pretty good one.
The second knee that Pyle threw was well-placed and connected flush on Funch's jaw.
All in all, it was a satisfying finish to the fight and one that will stick in people's minds for some time.
What we learned about Mike Pyle
Although not a title contender, Pyle is a talented fighter and valuable to the UFC's welterweight division as a gatekeeper.
He is a well-rounded fighter, with a strong submission game, and he is very experienced.
It's rare that we see Pyle lose to someone who is not destined for title contention.
What we learned about Ricardo Funch
Funch is probably not meant for the UFC.
There was a marked improvement in Funch's stand-up, compared to what we saw when he was in the UFC back in 2010, but he still didn't look like he deserved to be competing on the biggest stage in all of MMA.
Funch has now fought three times in the UFC and is still winless in the promotion.
What's next for Mike Pyle
What's next for Ricardo Funch
Not sure, but I can almost guarantee his next fight won't be in the UFC.
It's rare that the UFC gives someone another chance after going 0-3.