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Waze Mobile Ltd
Business Summary
Waze is a privately-held, venture capital backed mobile application development company. The company is most well-known for its flagship social traffic and navigation app based on the world's largest community of drivers sharing real-time road info and contributing to a database of up-to-date notifications. By simply driving around with Waze open, users passively contribute traffic and other road data. Users can also take a more active role by sharing road reports on accidents, police traps, or any other hazards along the way, helping to give other users in the area a 'heads-up' about potential obstructions. Waze was founded in 2008 and is headquartered in Raanana, Israel.
Overview & Corporate Organization
Basic Information
| Company Tags: | VC Backed |
| Year Founded: | 2008 |
| Formerly Named: | Stealth LinQmap |
| Fiscal Year End: | 12/31 |
| 1YR Employee Growth Rate: | View % |
| City: | Raanana |
| Country: | Israel |
| Phone: | View |
| Website: | www.waze.com |
Corporate Organization
| Founders: | Ehud Shabtai Uri Levine |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Technology > Mobile Technology > Mobile Applications |
| Technology > Software > Geographic Information System Software |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Competitors
| Aha Mobile |
| Mobile Crossing |
| NAVIGON |
| Navteq |
| Networks in Motion Inc. |
Charts, Financials, and Statistics (Table Format)
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| Financial Notes: | |
| * | Waze Mobile Ltd fiscal year end: 12/31 |
| 1 | In 2011, Waze had not... read more. |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all Waze Mobile Ltd financials to Excel and create your own graphs.)
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Waze Mobile Ltd Revenues (₪ MM, ILS): |
Waze Mobile Ltd Total Employees: |
Waze Mobile Ltd Productivity (Revenue/Employee) (₪, ILS): |
Waze Mobile Ltd Total Users (Millions): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Jan. 2013 | Canceled | View1 | View | Acquisition | View |
| Details | May. 2013 | In Talks | View2 | View | Acquisition | View |
| 1 | The acquisition talks between Apple...Read More → |
| 2 | Facebook's acquisition of Waze would...Read More → |
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VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Jan. 2010 | View | A | Venture Capital | |
| Jan. 2010 | View | A | Venture Capital | |
| Jan. 2010 | View | A | Venture Capital | |
| Details | Total Round A View | |||
| Dec. 2010 | View | B | Venture Capital | |
| Dec. 2010 | View | B | Venture Capital | |
| Dec. 2010 | View | B | Venture Capital | |
| Dec. 2010 | View | B | Venture Capital | |
| Details | Total Round B View | |||
| Oct. 2011 | View | C | Venture Capital | |
| Oct. 2011 | View | C | Private Equity & Venture Capital | |
| Details | Total Round C2 View | |||
| Total of Funding Shown Above View | ||||
| 1 | VC investment in Waze...Read More → |
| 2 | John Malloy, Managing Partner of...Read More → |
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Detailed Business Description: Waze Mobile Ltd
Waze is a privately-held company that operates a social mobile application that enables drivers to build and use real-time road intelligence on smart phones. The technology 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 online community on traffic, accidents, police traps, and blocked roads. Waze was founded in 2008 and is based in Raanana, Israel.
WAZE APP
By connecting drivers to one another, Waze assists people in creating local driving communities that work together to improve the quality of daily driving. The company's services include updated road maps, alerts on traffic and accidents, and data providing users with the fastest route to wherever they need to go.
After typing in a destination address, users drive with the app open on a phone to passively contribute traffic and other road data. Waze can interpret various streams of information to determine the location traffic… Continue Reading →
Exhibits
Supplemental Resources
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