technology provider Via has acquired Citymapper, which provides a journey planning
app for consumers. Terms of the deal have not been disclosed.
Via says the
acquisition will accelerate its vision to “build the end-to-end digital
infrastructure for transit systems.”
Two years ago Via
acquired mapping technology company Remix and last
month it raised $110 million.
integrate Citymapper’s product into its TransitTech platform.
app – which the company says has been used by more than 50 million people in
more than 100 cities - enables users to plan a trip based on the criteria that
matters most to them, such as transit mode, arrival time, cost, duration, etc.
Via says the app will continue to be available to consumers, and it intends to expand
the app’s reach globally.
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“We have the utmost respect for the
world-class product and user experience that [Citymapper founder and CEO Azmat Yusuf] and his team have built,”
said Via co-founder and
CEO Daniel Ramot.
“By bringing our teams together, we
see an exciting opportunity to deliver Citymapper’s capabilities to cities and
transit agencies all over the world, so that they can create the most
user-friendly and relevant transit experience for their communities.”
says Citymapper's Yusuf, “The team at Citymapper has spent
a decade building some of the greatest technology in urban mobility, with the
mission to make cities easier to navigate and urban transportation more
efficient, sustainable and accessible. We share this vision with Via, and
through this acquisition, can expand Citymapper to a larger audience, make our
technology available to cities and transit agencies and extend the positive
impact on the communities we serve.”