Waze

Waze Mobile Ltd, (/weɪz/; Hebrew: ווייז מובייל בע"מ) doing business as Waze (Hebrew: ווייז), formerly FreeMap Israel, is a subsidiary company of Google that provides satellite navigation software on smartphones and other computers that support the Global Positioning System (GPS). In addition to turn-by-turn navigation, it incorporates user-submitted travel times and route details while downloading location-dependent information over a cellular network. Waze describes its application as a community-driven initiative that is free to download and use.

This article is about the GPS navigation software. For the Skepta, Chip and Young Adz song, see Waze (song). For the Tierra Whack song, see Whack World.
Waze Mobile Ltd
Developer(s)Google
Initial release2006 (2006) (as FreeMap Israel)
Available in50 languages
TypeSatellite navigation software
License
Websitewaze.com

The software was originally developed in Israel by Waze Mobile, a company founded by Israeli entrepreneurs Ehud Shabtai, Amir Shinar, and Uri Levine, veterans of the Israeli intelligence unit 8200. Funding for the initial project was provided by two Israeli venture capital firms, Magma and Vertex Ventures Israel, as well as by an early-stage American venture capital firm, Bluerun Ventures. In June 2013, Waze Mobile was acquired by Google for US$1.3 billion.

The application generates revenue through hyperlocal advertising to an estimated 130 million users.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.