Internet of Things management platform Evrythng has received $7.5m in new investment, led by Atomico, BHLP and Dawn Capital, plus a variety of big name corporations including Cisco Systems and Samsung Ventures. The Series B round brings Evrythng’s total funding to $14.5m.
The company provides a SaaS platform to manage billions of connected products, and supply real-time analytics on all products connected to the Internet of Things.
Niall Murphy, founder and CEO of Evrythng, said:
“The Internet of Things will affect every aspect of business operations and customer experience. 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.”
Evrythng provides the platform for connecting and monitoring IoT devices
Evrythng works with companies to design and link up connected products, then through its own platform, these devices can be updated, monitored, and customized. Additionally, the platform helps manufacturers engage with users, and offers data regarding location and usage. It’s also effective for security and prevention of piracy. Evrythng also works with smart product tagging, such as the use of QR codes and NFC tags.
To register as an Evrythng developer, visit the company’s website here.