Wednesday, June 10, 2015

Vinli Gets $6.5M for Connected Car Apps

Dallas-based Vinli, a developer of a connected car device aimed at turning most modern cars into an Internet connected car, has raised $6.5M in a Series A funding round. The funding was led by Samsung Venture investment Corporation, and also included Cox Automotive, The Westly Group, and Continental. Vinli is developing a gadget which plugs into a car's USB data port under the dashboard, and allows users to access information on their cars via smartphone or computer, get high speed Wi-Fi in their car, add remote vehicle tracking, and more. The company had initially launched its device on Indiegogo, where it has so far raised $77,077 out of a $75,000 funding goal. More information »