Automotive supplier Bosch makes an undisclosed investment in Mojio, a technology-platform and licensed-software provider for connected vehicles.
The companies also sign an agreement to co-develop advanced connected-car services for both automakers and consumers. As part of the agreement, Bosch and Mojio initially will focus on vehicle communication and diagnostics as well as crash detection and notification.
The affiliation with Mojio is an addition to Bosch’s Connected Mobility Solutions global division that debuted at the beginning of 2018.
Mojio was founded in 2012 and has teams in Palo Alto, CA; Vancouver, BC, Canada; and Sofia, Bulgaria.
The company’s connected-car solutions include its hardware agnostic cloud platform, mobile apps for consumers and small businesses, and services for big-data analytics. Mojio has gathered real-world data from more than 7 billion miles (11.3 billion km) of driving as part of its platform service that delivers connected-car experiences to subscribers of major network operators in North America and Europe.
“The extensive data we’ve derived from our portfolio of diagnostic solutions has given us invaluable insights that can be the basis for solutions that bring great value to consumers and OEMs,” Mike Mansuetti, president of Bosch in North America, says in a news release.
Adds Mojio CEO Kenny Hawk, “The Mojio platform, combined with Bosch’s immense automotive expertise, will empower us to accelerate the development and deployment of advanced connected-car services to automakers, mobile-network operators and consumers around the world.”
