American technology giant Intel has acquired Israel’s public transit app Moovit for $1 billion. Some 10 percent of the purchase price is anticipated to retain workers across the next two years. Founded in 2012, Moovit — based in the Israel town of Ness Ziona —...
To co-develop next-generation mobile solutions for public transit agencies, Cubic Transportation Systems and Moovit have inked a definitive agreement. The partnership will see the integration of Moovit’s Mobility-as-a-Service (MaaS) application programming interfaces (APIs) with Cubic’s Mobile Suite to provide an advanced traveler experience based on...
Just like cars on a highway at rush hour, transformation in city and infrastructure planning is not moving fast enough to get people where they need to go — and it’s about to become more of a problem, if Moovit Co-Founder and CEO Nir Erez...
Public transit app Moovit announced Wednesday (Feb. 21) that it had closed a Series D round of funding, raising $50 million. In a statement on the company’s blog, Moovit said the Series D round of funding was led by Intel Capital. It also featured participation...
March 05, 2018
Just like cars on a highway at rush hour, transformation in city and infrastructure planning is not moving fast enough to get people where they need to go — and it’s about to become more of a problem, if Moovit Co-Founder and CEO Nir Erez is correct. “The changes in the way people move in […]
July 27, 2021
Shared electric vehicle company Lime and urban mobility service provider Moovit announced a global partnership on Tuesday (July 27) that will integrate Lime’s fleet of electric scooters, bikes and mopeds into the Moovit app in 117 cities across 20 countries, including the U.S., South Africa and parts of Europe and Australia. The new cities will […]
May 03, 2020
American technology giant Intel has acquired Israel’s public transit app Moovit for $1 billion. Some 10 percent of the purchase price is anticipated to retain workers across the next two...
January 09, 2020
To co-develop next-generation mobile solutions for public transit agencies, Cubic Transportation Systems and Moovit have inked a definitive agreement. The partnership will see the integration of Moovit’s Mobility-as-a-Service (MaaS) application...
February 21, 2018
Public transit app Moovit announced Wednesday (Feb. 21) that it had closed a Series D round of funding, raising $50 million. In a statement on the company’s blog, Moovit said...