Info Image

Connected Car Platform Startup Mojio Raises $15M in Series A

Connected Car Platform Startup Mojio Raises $15M in Series A Image Credit: Mojio

Mojio, a connected car platform announced the closing of a $15M USD Series A round of financing. This new funding is expcted to further the global adoption of Mojio’s cloud-based connected car platform and also to support the company's rapid user growth via its operator partners.

The additional investment from Amazon’s Alexa Fund bolsters Mojio’s vision to give every car a voice. Amazon Alexa and Mojio have been working together for more than a year, with Mojio developing one of the first Alexa skills for connected cars. 

With this investment, the Alexa Fund is helping fuel the development of Mojio’s second generation Alexa Skill, which will harness the vast amount of automotive data being collected by Mojio’s open platform and bring new capabilities to Alexa.

Vancouver, Canada-based Mojio provides the platform and mobile app behind T-Mobile SyncUP DRIVE, the Un-carrier’s all-in-one connected car solution that launched nationwide on November 18th.

Mojio CEO, Kenny Hawk
The connected car market is heating up and our strategic investors are fueling our penetration with wireless operators and OEM’s globally.  This latest round of funding will enable us to grow our engineering talent in Palo Alto, Prague and Vancouver.

Thomas Vogel, Investment Director of Deutsche Telekom Strategic Investments
Deutsche Telekom and other smart operators love the hardware agnostic approach and have plans for rolling out Mojio globally. Kenny Hawk (CEO) has built an experienced team with a track record of building highly successful businesses and we look forward to supporting Mojio’s growth.

NEW REPORT:
Next-Gen DPI for ZTNA: Advanced Traffic Detection for Real-Time Identity and Context Awareness
Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

PREVIOUS POST

Apple, Foxconn, Qualcomm Among Investors in SoftBank Vision Fund's $93 billion in First Close

NEXT POST

TIM Spinsoff TIMvision to Accelerate Quad-Play Strategy