Tech City’s smart device management platform EVRYTHING has raised a $7.5m follow-on round led by New York-based private equity investors BHLP LLC, and supported by range of corporate investors including Cisco Systems and Samsung Ventures.
This brings total funding since the company launched in London back in 2011 to $17.5m.
EVRYTHING has also made two senior appointments, nabbing Johnson & Johnson’s former CTO Neal Matheson for its advisory board, while smart platforms veteran John Fogelin, former CTO at Wind River, has joined as executive VP of engineering.
“As EVRYTHNG continues to experience increasing demand from global consumer product manufacturers who see the massive benefits of IoT to transform their businesses, having strong executive leadership, world class experience, and sound financial support becomes ever more vital,” said Niall Murphy, founder and CEO at EVRYTHNG.
“John and Neal both bring unique, exemplary skill sets from their domains of expertise, which will allow us to scale and further solidify our position as a leader in the IoT market.”
In the last year alone, the company has worked with the likes of Diageo, Mondelez, Unilever and iHome to connect them with their customers via smart connected devices, while expanding its presence across to New York and San Fran.