Waze Overview
- Year Founded
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2008

- Status
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Acquired/Merged
- Employees
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551

- Latest Deal Type
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M&A
- Latest Deal Amount
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$1.15B
Waze General Information
Description
Provider of a social mobile application that enables drivers to build and use real-time road intelligence on smart phones. The company 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 community on traffic, accidents, police traps and blocked roads.
Contact Information
Website
www.waze.com(Operating Subsidiary)
Corporate Office
- 240 Hamilton Avenue
- Palo Alto, CA 94301
- United States
Corporate Office
- 240 Hamilton Avenue
- Palo Alto, CA 94301
- United States
Waze Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
4. Merger/Acquisition | 11-Jun-2013 | $1.15B | Completed | Generating Revenue | ||
3. Later Stage VC (Series C) | 18-Oct-2011 | Completed | Generating Revenue | |||
2. Early Stage VC (Series B) | 30-Nov-2010 | $25M | $37M | Completed | Generating Revenue | |
1. Early Stage VC (Series A) | 31-Mar-2008 | $12M | $12M | Completed | Product Development |
Waze Comparisons
Industry
Financing
Details
Waze Competitors (7)
One of Waze’s 7 competitors is MapQuest, a Formerly PE-Backed company based in Denver, CO.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
MapQuest | Formerly PE-Backed | Denver, CO | ||||
Metropia | Venture Capital-Backed | Houston, TX | ||||
Zoom Communications | Formerly VC-backed | San Jose, CA | ||||
NDrive | Private Equity-Backed | Leça do Balio, Portugal | ||||
Scout (Electronics (B2C)) | Venture Capital-Backed | Gainesville, FL |
Waze Patents
Waze Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
EP-2332021-A1 | System and method for parking time estimations | Active | 27-Aug-2008 | ||
EP-2332021-B1 | System and method for parking time estimations | Active | 27-Aug-2008 | ||
EP-2332021-A4 | System and method for parking time estimations | Active | 27-Aug-2008 | ||
GB-201103640-D0 | System and method for road map creation | Active | 27-Aug-2008 | ||
GB-2474625-B | System and method for road map creation | Active | 27-Aug-2008 | G01C21/26 |
Waze Signals
Waze Former Investors (8)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
BlueRun Ventures | Venture Capital | Minority | ||
Horizons Ventures | Venture Capital | Minority | ||
Israel Secondary Fund | Secondary Buyer | Minority | ||
Kleiner Perkins | Venture Capital | Minority | ||
Magma Venture Partners | Venture Capital | Minority |
Waze FAQs
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When was Waze founded?
Waze was founded in 2008.
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Where is Waze headquartered?
Waze is headquartered in Palo Alto, CA.
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What is the size of Waze?
Waze has 551 total employees.
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What industry is Waze in?
Waze’s primary industry is Communication Software.
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Is Waze a private or public company?
Waze is a Private company.
-
What is the current valuation of Waze?
The current valuation of Waze is
. -
What is Waze’s current revenue?
The current revenue for Waze is
. -
How much funding has Waze raised over time?
Waze has raised $67M.
-
Who are Waze’s investors?
BlueRun Ventures, Horizons Ventures, Israel Secondary Fund, Kleiner Perkins, and Magma Venture Partners are 5 of 8 investors who have invested in Waze.
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Who are Waze’s competitors?
MapQuest, Metropia, Zoom Communications, NDrive, and Scout (Electronics (B2C)) are some of the 7 competitors of Waze.
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When was Waze acquired?
Waze was acquired on 11-Jun-2013.
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Who acquired Waze?
Waze was acquired by Alphabet.
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