Tuesday, April 15, 2008

Dash Navigation Inc,provider of Internet-connected automotive GPS devices, has called down $30.2 million of a $35 million Series C round

What Company Is Offering:
Dash Express is the first GPS device designed from the ground up as a truly “connected” navigation experience. Unlike old school GPS devices, Dash isn't focused on giving you just a single route from A to B, but is instead driven to give you instant access to the most relevant information about everything in between and the best way to get there. Today that means offering you access to dynamic Web content and the most accurate and up to date traffic. Tomorrow, we believe the possibilities are endless.

At Dash, they're focused on delivering these solutions with daily relevance and optimized for a “65 MPH” interface. The unique server-based architecture we have created also lets us optimize how information is formatted and sent to your device, as well as allowing each device to be updated over the air with the very latest software and features. The two feature areas where they have put most of their initial focus are providing better traffic and better search/destination information.

How Much They Got From VCs:

Dash Navigation Inc., a Mountain View, Calif.-based provider of Internet-connected automotive GPS devices, has called down $30.2 million of a $35 million Series C round, according to a regulatory filing.

Return backers include Crescendo Ventures, Kleiner Perkins Caufield & Byers, Sequoia Capital, Skymoon Ventures and ZenShin Capital Partners. www.dash.net


More at:http://www.dash.net/

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