Japanese internet giant CyberAgent announced today that it has invested in New York-based Dash Labs (Dash.by), a young startup whose service is billed as a sort of FitBit for cars. Details of the investment were not disclosed.
Dash works through the installation of a low-cost on-board diagnostic unit that connects your smartphone to your car via Bluetooth. In this way, it enables a range of features, such as giving you a driving score, providing alerts for engine issues or feedback on maintenance issues, or gamified social functions where you can compare your driving to friends.
Dash’s Android app was just recently launched, and an iPhone version will follow soon. Even though they are just getting their mobile apps out now, the company claims to have tested its technology for over 18 months, driving a million miles in 30 countries.
Dash is part of the 2013 TechStars NYC class of startups. CyberAgent didn’t specify the time of its investment, but it looks like it was part of a $1.2 million financing round from December.