Optibus Raises $100 Million for Public Transport Planning: Travel Startup Funding This Week
Photo Credit: London buses. Unsplash / Yomex Owo
Skift Take
Public transportation planning software company Optibus spots an opportunity to help cities "build back better" as they redesign networks for buses, trains, bikes and more after the pandemic.
Travel Startup Funding This Week
Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at jd@skift.com if you have funding news.>> Optibus, a platform for public transportation planning and operations, has raised $100 million.
The Series D funding came from new and existing investors including Insight Partners, Bessemer Venture Partners, Verizon Ventures, Pitango First & Pitango Growth, Tencent, SOMV Momentum.
It will use the money to expand into new product and service offerings, including electric vehicle management, and to grow in new markets. It also launched Ridersh
