Transit technology specialist Via Transportation has bought mapping platform Remix for $100m.
San Francisco-based Remix was founded in 2014 and provides software which allows local authorities to plan public transit, manage shared mobility and design street networks.
The company currently works with more than 350 local governments in 22 countries and Via says it has joined forces to help transport planners with multimodal planning, scheduling, and operating on-demand and fixed route transit, paratransit and school buses.
In a statement, Via co-founders Daniel Ramot and Oren Shoval said: “We share a vision for working alongside our partners to create transit systems that are equitable, accessible, and efficient for riders and cities alike."
"Together, we have ambitious plans to invest in and expand the Remix product suite to offer enhanced capabilities for planning and bus scheduling and operations.”
Remix CEO and co-founder Tiffany Chu said both companies would be "focused on increasing access by improving transportation options available to communities, and empowering cities with best-in-class technology for data-driven decision-making".
Founded in 2012, Via - formerly known as ViaVan - has worked on optimising networks of dynamic shuttles, buses, wheelchair-accessible vehicles, school buses, and autonomous vehicles to provide alternatives to private cars.
