Automile Scores $5M To Connect Your Car To The Cloud, from TCTV.
Automile, which offers a device and platform that connects your car to the cloud so you can track various kinds of data, has closed a $5 million Series A round. The investment was led by Dawn Capital and Point Nine Capital — money that will be used by the Swedish startup to expand globally and continue developing new services for car owners.
Initially targeting the enterprise — namely fleet management — but with a consumer-facing service in private beta, the Automile platform consists of a tiny device that plugs into your car’s OBD-II (on-board diagnostic) port and an accompanying cloud service and apps.
The device itself features GPS for location tracking and GSM for data connectivity, which is included as part of the service’s subscription fee.