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  • lauren blanchard 1:02 pm on October 20, 2015 Permalink
    Tags: google navigation, israel google navigation, Waze, waze ios, waze update   

    Waze Gets Its First Update 

    WazeOctober 20, 2015 | Israeli-developped traffic navigation app Waze just got its biggest update since being acquired by Google in 2013. Developed in Israel, Waze is the navigation app that uses crowdsourced traffic data to show drivers the fastest routes and warn them about incidents on the road. The update, which is only available on Apple’s iOS for now, brings a new design that makes it easier to use, namely fewer taps, so that drivers can focus on driving.

  • mayay 1:32 pm on March 4, 2015 Permalink
    Tags: , , Waze, waze android app, waze apple app, ,   

    Waze Added To Google’s Mobile Services Package 

    WazeMarch 4, 2015 | The Israeli-invented crowdsourced navigation application Waze will now be included as an integral part of Google’s Mobile Services, the pre-installation software package that Google offers to Android users. The new designation will join Google Maps, Google Chat (now known has ‘Hangouts’) and Google Drive as part of the pre-installed apps on Google-powered devices. The designation is good news for Waze that generates real-time traffic reports from user data, and more users will be that the database of traffic information will be even more beneficial for users. Waze was founded in 2007 by Uri Levine, Amir Shinar and Ehud Shabtai and was acquired by Google in 2013.

  • mayay 5:17 pm on September 29, 2014 Permalink
    Tags: early stage israeli tech startups, , israeli vcs for early stage startups, , , , , Waze   

    Magma Venture Partners Closes $150M Fund For Early Stage Israeli Startups 

    Magma Raises $100M For Investment FundSeptember 29, 2014 | The Israeli venture capital firm Magma Venture Partners announced the closing of a $150 million fund for early stage, Israeli technology companies. Magma, which was also an investor in Waze, the navigation application that sold to Google for $1.3 billion in 2013, plans to invest in seed and Series A funding rounds for approximately 25-30 companies. Each investment in the 25-30 companies, or opportunities, will run anywhere from $500,000 to $6 million. Magma hopes to pump more juice into the local Israeli startup scene, that has seen a lot of local venture capital firms turn elsewhere in recent years. In the year 2013, Israeli venture capital firms raised $526 million, a 27 percent decline from 2012 and a 38 percent drop from 2011, according to IVC.

  • mayay 5:48 pm on September 2, 2014 Permalink
    Tags: engage-us communications, israeli companies in america, , public relations startups, tools to promote startup, Waze   

    Engage-US Communications Launches To Promote Israeli Startups In US 

    engageusSeptember 2, 2014 | Engage-US Communications launched last Thursday to help Israeli technology companies enter the US market. The company is an integrated marketing and communications company with offices in Silicon Valley and Albuquerque, New Mexico. It offers its experience in technology marketing and communications to companies looking to penetrate the American market. Engage-US is a collaborative effort between Breakthru Communications and Kohn Public Relations, offering Israel technology companies a full-range of marketing and public relations services, content development and social media marketing platforms.

  • mayay 4:49 pm on August 21, 2014 Permalink
    Tags: , discover hidden financial fees, feex hidden financial fees, horizons ventures startups, , , , Waze   

    FeeX Raises $6.5M In Series B Funding 

    Waze Founder's Startup Feex Raises $3MAugust 21, 2014 | FeeX, a service that finds and reduces hidden investment fees, announced that it raised $6.5 million in Series B funding. The funding round was led by Horzions Ventures and Blumberg Capital, bringing the total funds raised by the Israeli startup to $9.6 million to date. In March 2014, FeeX launched in the United States to help Americans assess and reduce the amount of money they spend on financial fees each year – about $600 billion. FeeX has over 600,000 users and has surpassed $1 billion in assets under its protection, identifying more than $277 million in potential savings for its customers. FeeX was founded in 2012 by Yoav Zurel, David Weisz, Eyal Halahmi and Uri Levine, the creator of Waze.

  • mayay 1:16 pm on July 8, 2014 Permalink
    Tags: brazilian government, , navigation apps, rio, , Waze,   

    Brazilian Gov’t Makes Use Of Waze And Moovit To Control World Cup Traffic 

    Green Light: FTC Will Not Challenge Waze's Acquisition By GoogleJuly 8, 2014 | Two Israeli-founded navigation applications, Waze and Moovit, have been working hard to provide users at the World Cup in Brazil with all of the information on how to arrive at the games on time. According to a “Forbes” report, now the government of Brazil is making use of the popular navigation applications to discover information about the passengers and drivers on the roads. According to the Brazilian government, the goal is to manage traffic on the roads and between pedestrians using Waze, the Google-owned automobile navigation application, and Moovit, a public transportation navigation application. The Brazilian Government is also considering tracking a cycling application called Strava to monitor how bikers are traversing the city.

  • NoCamels Team 12:29 pm on October 2, 2013 Permalink | Reply
    Tags: , antitrust, , ftc, , regulators, Waze   

    Green Light: FTC Will Not Challenge Waze’s Acquisition By Google 

    Green Light: FTC Will Not Challenge Waze's Acquisition By GoogleOctober 2, 2013 | Last June, it was announced that Google has Acquired Israeli social GPS startup Waze for nearly $1 billion. However, the FTC (Federal Trade Commission) was investigating the deal, to see if it has any antitrust issues. Yesterday, Bloomberg reported that unnamed people, familiar with the details, confirmed that the deal will not be challenged.

  • NoCamels Team 2:27 pm on August 28, 2013 Permalink | Reply
    Tags: , , uri levine, Waze   

    Waze Founder’s Startup Feex Raises $3M 

    Waze Founder's Startup Feex Raises $3MIsraeli startup Feex, which developed a platform for comparing pension funds and insurance policies, has announced that it has raised $3 million. One of Feex’s founders is Uri Levine, who made a personal investment of $100,000 and is currently serving as the company’s CEO.

  • NoCamels Team 4:46 pm on July 29, 2013 Permalink | Reply
    Tags: , , , Waze   

    Official: Google Paid $966 Million For Waze 

    Official: Google Paid $966 Million For WazeSix weeks after closing the deal, internet giant Google has finally revealed the official sum it paid when acquiring Israeli social GPS startup Waze. In official documents filed by Google last Thursday, it was reported that the sum was lower than the previously estimated number of $1.03 billion.

  • NoCamels Team 12:10 pm on June 12, 2013 Permalink | Reply
    Tags: , , , , Waze   

    Charity Tmura To Receive $1.5M From Waze Acquisition 

    Charity Tmura To Receive $1.5M From Waze AcquisitionIsraeli charity Tmura will receive a whopping $1.5 million donation from the recent acquisition of Waze by Google. Tmura asks early stage startups to donate options to be exercised when the company goes public or is acquired.

    Tmura will distribute the funds to several educational and youth NGOs selected by Waze. In its ten years of operation, Tmura has received a total of $9 million in exercised options, with Waze being its biggest contributor to date.

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