Consumer Products Internet of Things Market Leader EVRYTHNG Closes $24.8 Million Series B

Led by Sway Ventures, funding supports scaling enterprise adoption of Internet of Things for digitally-enabled products, with EVRYTHNG enabling more than 300 billion products annually to be #BornDigital™

This funding round is a signal of the maturing and adoption of the Internet of Things in the enterprise... We are pleased to be working with world-class investors and enterprise partners to realize our vision of ‘Every Thing Connected’ as the trillions of products made and sold across the world become instrumented and a part of the digital ecosystem.
— Niall Murphy, Co-founder and CEO at Evrythng

EVRYTHNG, the Internet of Things (IoT) Smart Products Platform, today announces the completion of its $24.8 million Series B funding round led by San Francisco-based Sway Ventures and also including Toronto-based Generation Ventures and London-based Bloc Ventures. The new investors join a strong base of existing backers including: Cisco Investments, Samsung, BHLP, Atomico, Dawn Capital and Advance Vixeid Partners. The funding will support EVRYTHNG’s growth through partnerships, the expansion of its team and continued development of its enterprise-focused IoT platform for managing intelligent software identities in the cloud and digital lifecycle applications for product manufacturers.