The company further notes that on-board diagnostics ports have been demonstrated to create security weaknesses that can allow hackers to remotely take control of cars, while smartphones don’t pose the same kind of cybersecurity threat. Zendrive has raised $13.5m via a Series A funding round backed by BMW. The company is also working on an app that will allow users to pay for rides with their smartphone. Zendrive measures data on mobile devices versus the vehicle meaning it will become increasingly relevant to on-demand services especially where there may be more than one driver per vehicle. The technology also has an advantage over onboard diagnostics ports which have enabled hackers to remotely take control over cars as smartphones do not pose the same kind of security threat.
Zendrive has raised $13.5m via a Series A funding round backed by BMW. The company is also working on an app that will allow users to pay for rides with their smartphone. Zendrive measures data on mobile devices versus the vehicle meaning it will become increasingly relevant to on-demand services especially where there may be more than one driver per vehicle. The technology also has an advantage over onboard diagnostics ports which have enabled hackers to remotely take control over cars as smartphones do not pose the same kind of security threat.