Bangalore: Dallas-based startup company, Vinli, raises $6.5 million series A round of funding for its connected car platform. The round was led by Samsung Venture Investment Corporation along with Cox Automotive, The Westly Group and Continental. As a part of the deal, Luis Arbulu, Samsung Global Innovation Center’s director of strategic investments and David Liniado, Cox Automotive’s Vice President of new ventures will join Vinli’s Board of Directors.
Vinli will be utilizing these funds to increase the sales of its connected car device and platform, which will give consumers access to internet and more than 150 apps and services through Vinli’s app store. Vinli is also launching its pre-order campaign for its $99 device with the first units expected to be shipped in August. It has also partnered with T-Mobile, SmartThings, Dash, MileIW, SafeDrive, Flo and ParkHub.
Vinli was born in 2014 out of Dialexa Labs in Dallas, Texas. Dialexa Labs is an internal innovation and development incubator out of Dialexa for new, bold ideas. Vinli brings an endless range of apps to one’s car, from safety to entertainment to onboard WiFi. The company’s solution is perfect for cars purchased before infotainment systems became smart. With a fresh $6.5 million in the bank and the guidance of new investors, Vinli is set to compete in the growing automotive technology space.