Leadership additions at Evrythng accompany $7.5M investment
Internet of Things platform Evrythng this week announced two additions to its leadership team, as well as $7.5 million in follow-on funding. The investment was led by BHLP and Atomico, with participation from Dawn Capital, Cisco Systems, Samsung Ventures and others.
John Fogelin, the former CTO of Wind River, will serve Evrythng as executive vice president of engineering. Neal Matheson, who has been head of technology and research at several consumer products giants like Unilever and Johnson & Johnson, joins Evrythng’s board.
Evrythng’s platform revolves around “active digital identities” — digital representations of physical objects, which attempt to track everything from when and where the object was manufactured, to the data generated by any embedded sensors, to how the object is used on a daily basis. These identities are available in the cloud to be accessed by other devices, software platforms, apps and websites.
In a blog post, Evrythng founder and CEO Niall Murphy wrote that the company has been forging partnerships with a variety of global consumer products companies — such as ThinFilm and Diageo, who recently teamed up to create smart bottle labels with printed NFC tags. Evrythng has also doubled its sales team and is prepared to continue expanding to meet demand.
As interest in embedded computing continues to rise, “having strong executive leadership, world class experience, and sound financial support becomes ever more vital,” Murphy wrote. “The IoT is moving fast. Exciting times ahead.”
Previously: Evrythng raises $7M in Series A round
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