Announcing EVRYTHNG’s $24.8 Million Series B Capital Raise

March 14, 2017

We’re very proud to today announce a $24.8 million Series B investment round for EVRYTHNG. Led by San Francisco-based Sway Ventures, the round includes Toronto-based Generation Ventures and London-based Bloc Ventures, who participated alongside existing investors. The new investors join BHLP, Atomico, Cisco, Samsung, Dawn Capital and Advance Vixeid Partners as major investors in EVRYTHNG.

Digital transformation is driving consumer product manufacturers to evolve their business and operating models at increasing pace and scale. The digitization of the billions of products these organizations make and sell is a central pillar to digital transformation—enabling the gathering of data and insight throughout product lifecycle, opening new channels to market, building direct consumer relationships and supporting new business models.

EVRYTHNG was founded with a vision of “Every Thing Connected”— every product in the world with a digital identity on the Web, integrated with the digital ecosystem and driving applications, services and business processes in real-time. Over the past twelve months, we’ve announced and launched partnerships with leading global packaging companies Avery Dennison, Crown and WestRock—enabling up to 300 billion consumer products to be #BornDigital™ each year—each product item with a digital identity in the cloud embedded at its point of manufacture. This massive scale is an important step toward realizing our vision, making it possible for brands to access the benefits of digitized products rapidly and at a global scale, and building the ecosystem of applications and service providers.

With this Series B investment, EVRYTHNG is responding to the rapid maturing and scalability of the market opportunity for the Internet of Things applied to the digital lifecycle of consumer products. We will be applying the new capital to accelerate our growth and capacity to meet the needs of our customers, both in our platform and with our partners, continue the innovation and development of applications driving intelligence with billions of active products, build connectivity across the digital ecosystem and expand our team.

The journey continues. Onwards and upwards.

ABOUT THE AUTHOR: Niall Murphy

Niall Murphy

CEO and Founder of EVRYTHNG

Additional News Content

RECENT NEWS

Smart Recycling Propels Consumer Goods Industry into the Circular Economy
Learn More
RECENT NEWS

GS1 Digital Link Tools
Learn More
RECENT NEWS

EVRYTHNG’s Support for the GS1 Digital Link (a.k.a. the only barcode you’ll ever need)
Learn More
RECENT NEWS

August 15, 2018

Upgrading the Barcode to the Web: GS1 Digital Link
Learn More
RECENT NEWS

The Ledger of Every Thing: a report on blockchain & IoT
Learn More
RECENT NEWS

EVRYTHNG Brings the Power of Product Digitization to Asia
Learn More
RECENT NEWS

EVRYTHNG… Pioneering the Way for Consumer Product Brands
Learn More
RECENT NEWS

Supply Chain Transparency and Cryptocurrency Rewards with Every Drink
Learn More
RECENT NEWS

Introducing the EVRYTHNG Blockchain Integration Hub
Learn More
RECENT NEWS

Machine Learning, Connected Devices, and Drinking too much Coffee
Learn More
RECENT NEWS

EVRYTHNG – Origin Trail Integration: Adding Trust to Product Authenticity
Learn More
RECENT NEWS

Carrefour Tests Smart Recycling Powered by EVRYTHNG & recycl3R
Learn More