Moovit raises another $50M led by Intel for its urban transit app, plans Mobileye collaboration

The race for pole position in the next generation of transportation services continues to gain speed, and today a startup providing data on how best to navigate transit in urban environments is announcing a significant round and partnership to help it get out in front.

Moovit — the Israeli startup whose iOS, Android and Web apps are now used by 120 million people globally across 2,000 cities in 80 countries — has raised another $50 million in funding.

The Series D was led by Intel Capital, and it is a strategic investment. As part of it, Mobileye, the $15.3 billion Intel subsidiary that builds autonomous driving solutions, will be partnering with Moovit to incorporate its data into Mobileye’s navigation system.
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