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Venture Capital News: Everactive Raises Oversubscribed $35M Series C

SANTA CLARA, CA, Everactive has closed a $35 million funding round led by Fluke Corporation.
Everactive, a technology company that sells batteryless, wireless Internet of Things (IoT) solutions, has closed a $35 million funding round led by Fluke Corporation, the mainstay in industrial test and measurement.

The round also added new investors 40 North Ventures, TOP Ventures, and Asahi Kasei Corporation. The new investors joined existing investors including New Enterprise Associates.

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.
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