Israel-based Transit app developers Moovit App Global has closed a $50m (£35m) Series D round led by Intel Capital. The funds will be used to expand its global sales team, enhance its consumer products to support user growth and invest in its Mobility as a Service Platform.
Additionally, professor Amnon Shashua, senior vice president of Intel and CEO / CTO of Mobileye, will join Moovit’s board of directors as an observer.
The app is said to provide transit information to more than 120 million users i
Barrier Systems and Snoline, operating within the Lindsay Transportation Solutions Group, will be highlighting their full line of crash cushions, guardrail end terminals, pavement markings and road barriers, including the Road Zipper system, at Intertraffic Amsterdam 2014.
Lindsay says that Europe has been slow for the last three years but the company is pleased to announce new Road Zipper system projects in the UK, Germany and Holland this spring. During Intertraffic, the system will be used to manage
A collaboration led by Nokia Bells is extending smart poles beyond the LuxTurrim5G project in the Finnish city of Espoo to a nearby residential area called Kera.
The LuxTurrim5G project seeks to develop and demonstrate a fast 5G network based on smart light poles at Nokia’s campus. The new smart poles will support Sensible4’s autonomous bus Gatcha operating between this area and Kerra railway station.
Juha Salmelin, LuxTurrim5G project coordinator from Nokia, says: “During the project, we have learned a