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December 18, 2013 09:00 pm GMT

Moovit Raises $28M From Sequoia And Others To Be The Waze For Crowdsourced Public Transit Data

moovitSocial transit app Moovit is announcing a massive round of funding this morning, closing a $28 million round led by Sequoia Capital, with participation from its existing investors BRM Group and Gemini Israel Ventures. Gili Raanan will represent Sequoia on the Moovit board. The Israeli company previously received $3.5 million from BRM Group and Gemini Israel Ventures.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Lw3U7f3yOKs/

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