UIEvolution, a connected screen solutions provider, has raised $8 million in funding led by Intel Capital. The company will use the proceeds to further invest in its automotive products and connected products in the retail, restaurant, hospitality and cruise industries. As part of the investment, Intel Capital managing director Marc Yi has been appointed to UIEvolution’s Board of Directions.
Prior to the latest infusion, UIEvolution received a $5 million investment that valued the company at $63.6 million in April of this year. The company’s connected products power connected experiences on all devices and screens for mobile, tablet, TV and automotive applications.