October 22, 2014 10:55 AM ET

Internet Software and Services

Company Overview of Waze Mobile Limited

Company Overview

Waze Mobile Limited provides a social mobile application that enables drivers to build and use real-time road intelligence on smartphones. The company enables drivers to build and use live maps, real-time traffic updates, and turn-by-turn navigation for an optimal commute, as well as report to the community on traffic, accidents, police traps, and blocked roads. Its services include updated road maps, alerts on traffic and accidents, and data providing users with the fastest route to get to wherever they need to go. The company also provides a location-guided advertising platform for local retailers and nationwide brands. The company was founded in 2008 and is based in Raanana, Israel. As of...

2 Hasadna Street

Raanana,  43561

Israel

Founded in 2008

Phone:

972 9 748 6437

Fax:

972 9 748 6436

Key Executives for Waze Mobile Limited

Chief Executive Officer
Age: 43
Co-founder and President
Co-founder and Vice President of Research & Development
Co-founder and Chief Technology Officer
Vice President of Finance
Compensation as of Fiscal Year 2014.

Waze Mobile Limited Key Developments

Florida Department Of Transportation and Waze Enter into Traffic Data Sharing Partnership

Florida Department Of Transportation in the US has entered into a data sharing partnership with the navigation app Waze to provide motorists with up-to-date traffic information. The new partnership will see FDoT and Waze non-exclusively cross-license their traffic data to each other, in order to improve their ability to deliver required traffic information. Under the deal, Waze will provide FDoT with access to its real-time data to manage roadways and operations, as well as traffic incident notification services, while the department will credit Waze as the data source. With the new partnership, Waze's data will help FDoT to offer enhanced traffic information on crashes, congestion and construction, while providing segment travel times. Motorists can receive updates on traffic and roadway conditions through Florida 511 by phone, app or website.

Waze Releases V. 3.7: Seamless Event Navigation for the Hectic Days of Summer

Just in time for the seasonal rush of barbeques, weddings and road trips, Waze unveiled version 3.7 of its navigation app for iOS and Android -- the most social version yet! New Waze features include integration of Facebook Events for one-tap navigation, enhanced local offers and more, making the app the ultimate companion for drivers juggling jam-packed summer days.

Facebook Reportedly To No Longer Acquire Waze

Facebook, Inc. (NasdaqGS:FB) is no longer in talks to acquire Waze Ltd. According to sources, the potential acquisition talks between Facebook and Waze ended due to conflicts over whether or not the Waze team which is predominantly based in Israel would move over to the United States, among other reasons. The representatives of both Facebook and Waze declined to comment to AllThingsD.

Similar Private Companies By Industry

Company Name Region
Bablic, Ltd. Middle East/Africa
PowerRaise Inc. Middle East/Africa
Getonic Ltd. Middle East/Africa
SpearCast Ltd. Middle East/Africa
Versafe Ltd. Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Waze Mobile Limited, please visit www.waze.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.