Friday, November 6, 2015

Innit Raises $25M For Food Information

Redwood City-based Innit, a yet-to-launch startup which says it is working to manage and connect food information to appliances and devices, has raised $25M in a funding round, the company said Thursday. Source of the funding was not disclosed, however, the company said the funds came from its founders and strategic investors. Innit was founded by Eugenio Minvielle, who was previously President and CEO of Unilever North America, Nestle France, Nestle Mexico, Nestle Venezuela, and COO of DEMB.