Samsung invests in EVRYTHNG

 

EvrythngYou may have heard of EVRYTHNG, the vocalically-challenged IoT platform technology company. Well, today they announced that Samsung Ventures has provided investment funding on top of that already received from Cisco and other companies in April. With two these two behemoths behind them, EVRYTHNG stands a decent chance on their mission to become the leading player in the ‘Web of Things’, a world whereby physical objects, be they simple or complex are associated their own individual web presence, with EVRYTHNG’s platform providing the glue (and APIs) between the physical and the virtual world. What is not clear yet is how ‘open’ this framework will be – on one hand, the Web of Things aims to be open as the Web, while on the other hand, EVRYTHNG has stated that it wishes to be the Facebook of Things.

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