EveryMatrix has completed a €4.3 million strategic investment round and appointed Norbert Teufelberger, former CEO of bwin, as its new Chairman.
The company has widened its shareholder base by completing the private strategic investment round with Strawberry Capital, a large Norwegian fund owned by Petter Stordalen.
In his new role as non-executive Chairman of the board, Teufelberger will assist with the formulation of its business strategy focusing on reaching its ambitious commercial goals over the next years.
He commented: “I’m truly excited to invest and chair EveryMatrix. Being part of the bwin story since its inception was a wonderful experience for me and I look forward to assisting the founders and team of EveryMatrix in developing a blue chip B2B technology provider for the fast expanding global I-gaming market. After an extensive due diligence period, I was particularly impressed with the product vision and innovation capabilities and drive of the EveryMatrix team.”
Ebbe Groes, Co-Founder & CEO at EveryMatrix, added: “This is the first ever external investment into EveryMatrix. With more diverse skills and broader ownership at the board level, we are confident in executing our growth strategy and pursuing our long-term vision over the coming years.”
Meanwhile, the industry provider has also added two non-executive board members with critical skills in preparation for its next expansion phase. Anders Böös, former Chairman of IFS, and Jan Gottlander, co-founder of Snow Software, both participated in the capital increase alongside Teufelberger.
Co-Founder Stian Hornsletten said: “The extended board will have a great mix of talent which I’m positive will help us professionalise the company further, accelerate our product innovation cycles and expand our global footprint.”