Strengthening The Team, Boosting the Juice
Today we’re announcing some important corporate developments for EVRYTHNG: the appointment of two further industry veterans to our leadership team, and $7.5 million in new investment to support continued growth – see the news release here.
John Fogelin, formerly CTO at Wind River, joins as Executive Vice President of Engineering and will co-lead the technology and engineering team with co-founder & CTO Dom Guinard. John has more than 28 years of experience in technology, including as CTO of category-defining embedded software leader Wind River System and at wearables robotics pioneer Ekso Bionics as VP Engineering. John is also visiting industrial scholar at University of California at Berkeley.
Curt Schacker, who joined EVRYTHNG as Executive Vice President & Managing Director for Connected Products last December, is also a Wind River alumnus and Valley veteran. With Curt and John, EVRYTHNG has significantly boosted its embedded systems and connected product experience. Our engineering mission is to deliver an enterprise-class platform-as-a-service operating hundreds of millions of digitally active, cloud-driven products with real-time data, high availability and security.
Neal Matheson is formerly Chief Technology Officer and Head of R&D for multinational consumer product giants Unilever, Johnson & Johnson and P&G, and has joined EVRYTHNG’s advisory board. IoT presents significant opportunities in the consumer health and wellness sector, and Neal’s deep domain expertise will expand the company’s footprint among this vertical’s premier brands. Neal will guide EVRYTHNG’s strategic partnerships and programs with health and wellness and consumer product brands seeking to exploit the full potential for IoT in their environments. Chaired by David Bell, the EVRYTHNG advisory board is a group of highly experienced industry insiders, providing EVRYTHNG and EVRYTHNG’s customers with insight, guidance and perspective on the transformative application of IoT to the consumer products marketplace.
With the additional $7.5m we’re announcing, EVRYTHNG will have raised $17.5 million to date. Our lead investors include New York-based private equity investors BHLP LLC and international technology investment firm Atomico, with venture capital firm Dawn Capital, and corporate investors including Cisco Systems, Samsung Ventures and others.
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. 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.
Over the last year, EVRYTHNG has experienced significant growth, working with global consumer product brands including Diageo, Mondelez, Unilever and iHome among others. In addition, we have expanded its platform and IoT partnerships, with Avery Dennison and ThinFilm Electronics in smart packaging for consumable products, Trueffect in first-party data solutions for smart products, and Marvell in embedded systems for appliances and durable products. Now with offices in London, New York and San Francisco, EVRYTHNG is positioned as a global platform for global consumer brands.
The IoT market is moving fast. Exciting times ahead.
This story first appeared in VentureBeat
View the full press release on EVRYTHNG’s new appointments and funding
Image courtesy of Andreas Kambanis, via Flickr