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Waze

Waze

Waze is a global positioning system (GPS) navigation mobile app and company.

OverviewStructured DataIssuesContributors

Contents

waze.com
Is a
Company
Company
Product
Product
Organization
Organization

Company attributes

Industry
Technology
Technology
Software
Software
Global Positioning System
Global Positioning System
Navigation
Navigation
Logistics
Logistics
Information technology
Information technology
Location
Mountain View, California
Mountain View, California
0
B2X
B2C
B2C
B2B
B2B
0
Founder
Amir Shinar
Amir Shinar
0
Ehud Shabtai
Ehud Shabtai
0
Uri Levine
Uri Levine
0
AngelList URL
angel.co/waze
Pitchbook URL
pitchbook.com/profiles.../53003-89
Parent Organization
Google
Google
0
Number of Employees (Ranges)
501 – 1,0000
Full Address
1600 Amphitheatre Pkwy Mountain View, California 94043, US0
Investors
iFund (company)
iFund (company)
0
Vertex Venture Capital
Vertex Venture Capital
0
Massachusetts Clean Energy Center
Massachusetts Clean Energy Center
0
Li Ka-shing
Li Ka-shing
0
Qualcomm Ventures
Qualcomm Ventures
0
BlueRun Ventures
BlueRun Ventures
0
Microsoft
Microsoft
0
Yahal Zilka
Yahal Zilka
0
...
Founded Date
2008
0
Total Funding Amount (USD)
67,000,000
67,050,000
Latest Funding Round Date
September 18, 2020
October 18, 2011
Competitors
Apple Maps
Apple Maps
Mapsme
Mapsme
Sygic
Sygic
OpenStreetMap
OpenStreetMap
Google Maps
Google Maps
MapQuest
MapQuest
Business Model
Advertising0
Commerce0
Former CEO
Noam Bardin
Noam Bardin
0
Neha Parikh
Neha Parikh
0
Acquisition Transaction
‌
Acquisition of Waze by Google
Latest Funding Type
Series C
Series C
Wellfound ID
waze
Technologies Used
Geographic information system
Geographic information system
Country
United States
United States

Product attributes

Launch Date
2009
0

Other attributes

Blog
waze.com/blog
Company Operating Status
Active
Contact Page URL
waze.com/ContactFor...en/core-web
Latest Funding Round Amount (USD)
50,000
Medium URL
waze.medium.com
Partner Organizations
OpenDataSoft
OpenDataSoft
0
Spotify
Spotify
0
Heinz
Heinz
0
Nissan
Nissan
0
Amtrak
Amtrak
0
Esri
Esri
0
Netflix
Netflix
0
Infiniti
Infiniti
0
...
Platform
iOS
iOS
Android
Android
Previous Name
FreeMap0
Public/Private
Private0
Wikidata ID
Q942327
Overview

Waze is a global positioning system (GPS) navigation mobile app and company founded in 2007 by Uri Levine, Amir Shinar, and Ehud Shabtai. Waze was acquired by Google in June 2013. As of December 2022, Waze has over 140 million monthly users.

Product
An example of a Waze map with traffic alert symbols and nearby users.

An example of a Waze map with traffic alert symbols and nearby users.

Waze is a community-edited maps app that provides navigational directions to drivers. Maps and travel times are updated in real time as users submit information on obstacles they come across while driving, such as heavy traffic, car accidents, road work, and police activity. Waze uses these reports to update surrounding drivers in the area and potentially adjust their routes. Users can hear directions read aloud by participating celebrities, including DJ Khaled, Arnold Schwarzenegger, T-Pain, Stephen Colbert, Christina Aguilera, and the Jonas Brothers. Waze users, or Wazers, can see other nearby Wazers on the map while traveling. Nearby Wazers can "beep" at each other as a form of greeting. Users who are friends can share current locations and arrival times and exchange private messages. Wazers can change their avatar appearances to reflect their current emotions with Moods, a feature introduced in June 2020.

History
An early incompleted Waze map.

An early incompleted Waze map.

Waze began as FreeMap, a navigation app created in 2006 and based in Tel Aviv, Israel. The app began as a blank map that would draw roads based on the user's movements while the app was in use. Users would later upload those files from their phones and use the map editing tool to connect them to existing roads on the map. After FreeMap proved successful, the app was rebranded to Waze and debuted in January 2009. The app launched in the United States in May 2009, and worldwide in November 2009. Like FreeMap, Waze's maps are community-edited.

In October 2014, Waze launched the Connected Citizens Program (CCP), a two-way data exchange of traffic and road conditions to participating partners, which includes cities, local government agencies, nonprofits, and first responders. CCP partners receive real-time traffic information from Waze drivers, and in exchange, they provide real-time and advance notice of government-reported traffic incidents like construction, accidents, and road closures. The program is beneficial to partners who can use the driver-reported traffic data for purposes like city planning. As of 2018, Waze has over 600 partners through the CCP.

Acquisition by Google

Waze was purchased by Google in June 2013 in a $966 million deal. On June 24, 2013, the United States Federal Trade Commission (FTC) announced an investigation into Google's acquisition of Waze amid concerns of antitrust violations, as Waze was Google Maps's biggest competitor. The investigation was concluded in October 2013 but later reexamined in February 2020. In April 2022, a federal class action antitrust complaint was filed against Google. The complaint alleged that Google was unfairly dominating the GPS mapping market by connecting Google Maps, Waze, and other related GPS services, thereby locking in app developers and subjecting them to “egregious and anticompetitive price hikes.” The complaint was dismissed without prejudice on November 1, 2022, with Judge Jeffery S. White ruling that the plaintiffs––Big Dream Media, Getify Solutions, and Sprinter Supplier––failed to adequately allege their claims of Google's illegal tying practices.

In December 2022, Google announced it would merge Waze into Google Geo, a Google division that includes Google Maps, Google Earth, and Street View. Google stated it still planned to maintain Waze as a standalone service, and that Waze CEO Neha Parikh would step down from her role after a transitory period. Parikh's LinkedIn profile says she left the company in July 2023. In late June 2023, Google announced it would cut an unspecified number of jobs at Waze during the process of the product's integration with Google Maps.

Timeline

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Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

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Author
Link
Type
Date
No Further Resources data yet.

References

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