Dash Raises $25 Million

Dash Navigation Inc., a Mountain View, Calif.-based provider of Internet-connected automotive GPS devices, has raised $25 million in Series B funding. Crescendo Ventures led the deal, and was joined by Artis Capital, ZenShin Capital Partners and Gold Hill Capital. Return backers included Kleiner Perkins Caufield & Byers, Sequoia Capital and Skymoon Ventures. The company raised a $10 million Series A round last year, and plans to begin selling its product in the fall. www.dash.net< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />