By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
routeonerouteonerouteone
  • News
    • Show all
    • Awards & Events
    • Deliveries
    • Environment
    • Exhibitor News
    • Euro Bus Expo 2024
    • Features
    • Legal
    • Minibus and minicoach
    • Operators
    • Opinion
    • People
    • Suppliers
    • Vehicles
  • Vehicles
    • Find a Vehicle
    • ZEV Comparison Tool
    • Sell a Vehicle
    • Vehicle Seller Dashboard
  • Insights
  • Careers
  • Events
    • British Tourism & Travel Show
    • Euro Bus Expo
    • Innovation Challenge
    • Livery Competition
    • routeone Awards
  • Advertise
  • Contact
    • Share your news
    • Subscribe
    • Update Subscription Details
  • Latest Issue
  • SIGN UP
Reading: Scheduler Optibus secures $40m investment
Share
Notification Show More
Font ResizerAa
Font ResizerAa
routeonerouteone
  • News
    • Show all
    • Awards & Events
    • Deliveries
    • Environment
    • Exhibitor News
    • Euro Bus Expo 2024
    • Features
    • Legal
    • Minibus and minicoach
    • Operators
    • Opinion
    • People
    • Suppliers
    • Vehicles
  • Vehicles
    • Find a Vehicle
    • ZEV Comparison Tool
    • Sell a Vehicle
    • Vehicle Seller Dashboard
  • Insights
  • Careers
  • Events
    • British Tourism & Travel Show
    • Euro Bus Expo
    • Innovation Challenge
    • Livery Competition
    • routeone Awards
  • Advertise
  • Contact
    • Share your news
    • Subscribe
    • Update Subscription Details
  • Latest Issue
  • SIGN UP
Have an existing account? Sign In
© 2024 routeone News | Powered by Diversified Business Communications UK Ltd
- Advertisement -
-
routeone > News > Scheduler Optibus secures $40m investment
News

Scheduler Optibus secures $40m investment

routeone Team
routeone Team
Published: December 13, 2018
Share
SHARE

Financing round is ‘set to drive future products and expansion into new and existing markets’, it says

The $40m investment in Optibus will see growth of its products and reach

Optibus, which uses advanced algorithms, artificial intelligence and machine learning to deliver the most effective and efficient bus and crew scheduling, has secured a £40m investment that it says will “drive future product innovation and support expansion into new and existing markets.”

The cloud-based Optibus platform is used in more than 300 cities worldwide and the business has an office in the UK. Former Transport for London MD Surface Transport Leon Daniels joined in August as an advisor and investor.

“Every city on the globe has a public transport service, yet operations rely on outdated software and manual practices to plan, optimise and run them,” says Optibus Co-founder and CEO Amos Haggiag.

“That wastes resources and delivers a poor service. On the other hand, rapid innovations in urban mobility are pushing transport providers to modernise, and Optibus creates the technology infrastructure that can ensure better performance.”

Optibus drives some of the largest, most complicated transport systems worldwide. Besides improving service delivery, it also reduces costs and streamlines operations. It is used by many large providers, including First Group, Keolis, RATP Dev and Transdev.

As part of the investment, which has been led by Insight Venture Partners, the momentum of electric and autonomous vehicles will be leveraged, as will the potential for integrating new forms of mobility into existing services.

TAGGED:BusCoachDiversified CommunicationsMagazineMiniPlusrouteONE
Share This Article
Facebook LinkedIn Threads Email Copy Link
Previous Article Train of thought: Abellio’s rail replacement arm
Next Article Bill’s special bus surprise
- Advertisement -

Latest News

C9 Recruitment announces senior leadership team overhail
C9 Recruitment announces reshaping of senior leadership team
People
Euro Bus Expo 2026 interest building
Euro Bus Expo 2026 early exhibitor interest building strongly
News
Oxford bus operators support temporary congestion charge plan
Oxford bus operators back temporary congestion charge proposal
News
Bee Network SME greater involvement focus draws praise
Bee Network SME greater involvement focus draws ALBUM praise
News
- Advertisement -
-

routeone magazine is the indispensable resource for professional UK coach, bus and minibus operators. The home of vehicle sales and the latest bus and coach job vacancies, routeone connects professional PCV operators with complete and unrivalled news coverage.

  • Terms & Conditions
  • Privacy Policy
  • GDPR Policy
  • Sustainability
  • Advertise
  • Latest Issue
  • Share Your News
routeonerouteone
Follow US
© 2024 routeone News | Powered by Diversified Business Communications UK Ltd