UK-based connected software producer Evrythng has raised $7m in series A funding from networking equipment company Cisco, which invested alongside Atomico, BHLP and Dawn Capital.
Founded in 2011, Evrythng produces ‘web of things’ software that enables businesses to connect their products to the web. The company, which received an undisclosed amount of seed funding from Atomico in 2011, will use the funds to enhance its software technology platform and product range, and to accelerate its go-to-market activities in North America and Europe.
“We’re delighted to be working with Cisco on the internet of everything,” said Evrythng CEO Niall Murphy. “This round of funding allows us to further Evrythng’s mission to help businesses connect every product to the web with its own intelligent online identity.”
Cisco provided the funding through its corporate venturing unit, Cisco Investments, as part of a $250m funding push.