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UIEvolution Investment Aims to Accelerate IoT Advancements

UIEvolution Inc., announced at the International Consumer Electronics Show (CES), that it received an investment of $5 million from the Mirai Creation Fund, founded last year by SPARX Group Co., Ltd. in partnership with Toyota Motor Corporation (TMC) and Sumitomo Mitsui Banking Corporation.
With this investment, UIEvolution aims to accelerate its advancements in its Internet of Things (IoT) technology and services, continuing its momentum of excellence in the connected car experience, pairing automobiles with smartphones and the Internet.
UIEvolution, in partnership with TMC, will develop the standard middleware for head units and deploy globally. Additionally, UIEvolution will be able to develop services by employing the Toyota Big Data Center, which will be newly built by TMC. A demonstration visualizing these services will be held at the Toyota booth at CES.
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