Former Bwin CEO Teufelberger Named Chair of EveryMatrix

Software specialist EveryMatrix has named Norbert Teufelberger, co-founder and CEO of bwin, as its new chairman. The move comes after the company has completed a €4.3m private investment round.

Former bwin CEO and co-founder Norbert Teufelberger has been named chairman of the board for software developer EveryMatrix.

The company has just completed a €4.3m private strategic investment round that broadened the company’s shareholder base with Norwegian fund Strawberry Capital and other private investors.

Several non-executive board members participated in the investment round, including Teufelberger, Anders Böös, former chairman of IFS, and Jan Gottlander, co-founder of Snow Software.

“This is the first ever external investment into EveryMatrix,” said Ebbe Groes, co-founder and CEO in a press statement. “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.”

“I’m truly excited to invest and chair EveryMatrix,” said Teufelberger. “Being part of the bwin story since its inception was a wonderful experience for me and I look forward to assist 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.”