London, May 2, 2014: The London, United Kingdom-based Internet of Things (IoT) software company EVRYTHNG has got fresh funding of US $7 million Series-A investment round from international technology investment firm Atomico, the New York-based private equity investors BHLP LLC, the London-based venture capital firm Dawn Capital, and a corporate investment by Cisco.
In its media release, EVRYTHNG said the fresh investment would allow it “to realize its vision of every thing connected” and implement its plan to implement the data management layer of Internet of Things – helping companies operate connected product applications, track in real-time huge numbers of products on the Web, engage customers directly through products, and manage all the digital information and services flowing between products, systems and people.
Niall Murphy, CEO and Founder at EVRYTHNG commented: It’s incredibly exciting to be right at the heart of this massive technology disruption and to have support for EVRYTHNG’s technology and vision from Cisco, alongside leading investors BHLP, Dawn Capital and Atomico. The investment allows us to accelerate our mission to connect every individual product to the Web with its own intelligent online identity, working with global product manufacturer and retail brands.
BHLP, Cisco and Dawn Capital join EVRYTHNG’s original backers, leading VC firm Atomico
EVRYTHNG calls itself a “Web of Things” software company, whose aim is to make products smart by connecting them to the Web. Many companies are already using EVRYTHNG’s software-as-a-service (SaaS) to manage their connected products, make product operations smarter with real-time tracking analytics, and help their customers connect to products in a smarter way.
Here’s a short video by the company to show what it does:
Image Credit: EVRYTHNG
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