Daniel Ramot, left, and Oren Shoval, the co-founders of ridesharing firm Via Transportation Inc (Courtesy)
Israel-founded ridesharing firm Via Transportation Inc. said Wednesday it is acquiring US firm Remix, a developer of collaborative mapping software for transportation planning, for $100 million to boost its customer offering.
Remix was founded in 2014 in San Francisco as a grassroots, easy-to-use transit planning platform. The company secured investments from Sequoia, Y Combinator, and Energy Impact Partners to expand and provide collaborative technology for planning public transit and managing shared mobility. Remix works with more than 350 local governments in 22 countries across five continents and is used to design hundreds of city transportation systems, touching the lives of more than 240 million people worldwide, Via said in a statement.
Via acquires Remix to create the first end-to-end TransitTech solution for cities and transit agencies
NEW YORK, March 10, 2021 /PRNewswire/
Via, the leader in TransitTech, announced today that it has acquired Remix, the premier collaborative mapping platform for transportation planning and decision-making. The acquisition brings together world class technology solutions to fully support the transportation community in multimodal planning, scheduling, and operating on-demand and fixed route transit, paratransit, and school buses.
Remix was founded in 2014 in San Francisco, CA as a grassroots, easy-to-use transit planning platform. The company secured investments from Sequoia, Y Combinator, and Energy Impact Partners to quickly expand and provide collaborative technology for planning public transit, managing shared mobility, and designing safer street networks. Today, Remix works with 350+ local governments in 22 countries across five continents and is used to design hundreds o
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Japan, which has a population of 128 million, is known as the country with the largest percentage of elderly people in the world, with one third of its citizens over the age of 65. Car accidents involving people aged 75 and over have climbed to new records over the past two years to 401 fatal accidents, which represent 14.4% of the total number of fatal car accidents in the country. Through an artificial intelligence (AI) based alternative, Sompo and Via are supporting a Japanese government initiative to reduce the number of accidents while providing incentives for the elderly to give up their driving license. In the Aichi Prefecture, for example, discounts are being offered for hundreds of restaurants in exchange for relinquishing the license.