Evothings raises SEK 500k, in hopes of avoiding bankruptcy.

Evothings, a Stockholm, Sweden SAAS startup, raised SEK 500k. ($56k)

The money comes from existing founders and appear to be a short term solution for the company not being able to pay salaries for the past two months. At the same time, CEO Karin Edström left the position.

Evothings was founded in 2013 by Alex Jonsson and has developed a platform for developers to make apps for connected gadgets IoT. The company shareholders include Ceres Advisors, Almi Invest and Lars Lindgren.