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Otonomo Technologies acquires Neura

Company also launches new services aimed at Smart City, MaaS and connected car sectors
By Adam Hill October 6, 2021 Read time: 2 mins
Data insight can be used to 'power sustainable cities, reduce the carbon footprint of rider and driver communities and decrease traffic congestion', says Otonomo (© Kanawat | Dreamstime.com)

Vehicle data platform Otonomo Technologies has bought Neura, a company specialising in providing ridership data and other mobility-related analytics.

Otonomo has created three new solutions - Rider Insights, OD Matrix and Mobility Intelligence - aimed at customers including transportation planners, electric vehicle service providers, Mobility as a Service specialists and the connected car sector.

In a statement, the company says this will provide "the actionable multimodal and mobility insights required for the effective planning and operation of expedient and sustainable transportation networks" and enable them to build applications "that power sustainable cities, reduce the carbon footprint of rider and driver communities, and decrease traffic congestion".

“In response to our customer and market needs, we can now provide increased value and the required deeper and a more holistic view of mobility," said Ben Volkow, CEO and co-founder of Otonomo.

Amit Hammer, CEO of Neura, and newly-appointed EVP operations at Otonomo, spoke of the synergy between the companies.

"We are merging Otonomo’s rich, ground-truth vehicle data from automotive manufacturers, and its advanced data platform and marketplace with Neura’s diverse mobility analytics, insights and intelligence solutions."

"Going forward, Otonomo intends to provide effective solutions for the most pressing planning, deployment and operation challenges of EV service providers, MaaS providers, fleets and others," Hammer concluded.

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