DiscoverStartupsAugmentation Industries
Augmentation Industries company logo
Putting the brain into your car11-50 Employees
Website
Locations
Company size
11-50 people
Total raised
$1.9M
Company type
Startup
Markets
MobileAutomotiveInternet of ThingsM2MConnected Car
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Augmentation Industries careers

Putting the brain into your car
Connecting cars build after 1996 with a retrofittable hardware to the internet. The patent pending M2M technology access any data a car produces and delivers it (encrypted) over WiFi to the connected smartphone, to the mad backend and to other cars/infrastructure enabled with the mad technology to implement Vehicle-2-Vehicle and V2X communication

The open API can be used by crowd developers to develop 'car apps' and companies can offer services based on the data the car delivers: car insurance (pay as you drive, usage based, etc.), OEMs can track error codes over time and in conjunction with external factors, automobile clubs can diagnose the car remotely, real time traffic information, etc.

youtube.com/watch?v=aI_Ag5LLCeY explains it in a nutshell.
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Alexander Marten
Avatar for Alexander Marten
Serial entrepreneur, escosystem builder & angel in very early rounds for very geeky businesses, German MBA, US JD
Valuation

$9M

Funded over

1 round

Latest round

Series A (Apr 2012)

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