British company EVRYTHNG, the Internet of Things (IoT) smart products platform recently announced that it had raised US $7.5 million in follow-on investment to prepare for the next stage of growth. It, however, did not reveal the name of the investors.
The company said in a statement that John Fogelin, formerly CTO at Wind River, joined it as Executive Vice President of Engineering, and Neal Matheson, formerly CTO at Johnson & Johnson and Unilever, had joined the company’s advisory board.
EVRYTHNG had raised US $17.5 million to date, led by New York-based private equity investors BHLP LLC and international technology investment firm Atomico, with venture capital firm Dawn Capital, and corporate investors including Cisco Systems, Samsung Ventures and others.
Over the last year, EVRYTHNG said it had experienced “significant growth”, working with global consumer product brands including Diageo, Mondelez, Unilever and iHome among others.
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Image Credit: EVRYTHNG
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