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Everactive Raises Oversubscribed $35 Million Series C Financing to Accelerate Growth of Batteryless Pervasive Remote Monitoring for Industry 4.0

Jan 13, 2021•over 4 years ago

Amount Raised

$35 Million

Round Type

series c

Santa Clara

Description

Everactive, a technology company that sells category-defining batteryless, wireless Internet of Things (IoT) solutions, announced today it closed a $35 million funding round led by Fluke Corporation, the mainstay in industrial test and measurement.

Company Information

Company

Everactive

Location

Santa Clara, California, United States

About

Everactive produces data intelligence for the physical world. Operating without batteries, the company’s always-on wireless sensors deliver continuous cloud-based analytics at a scale not possible with battery-powered devices. Everactive’s end-to-end solutions are built upon groundbreaking advances in ultra-low-power circuit design and wireless communication that allow it to power its Eversensors exclusively from harvested energy. The company has developed the required networking and cloud software to deliver an out-of-the-box service focused on providing high-value insights from newly generated and self-sustaining data streams. For more information, please visit: www.everactive.com.

FundzWatch™ Score

Medium Activity

Funding Insights

Based on industry data

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