Gird Inside the rapid rise of usage-based pricing
The Series D funding values Optibus at $1.3 billion, which the Israeli startup says makes it the first unicorn in the public transportation tech space.Insight Partners, Bessemer Venture Partners, Verizon Ventures, Pitango First & Pitango Growth, Tencent and SOMV Momentum are among the investors in this round, which brings the total raised by the startup to $260 million and is coming about 14 months after Optibus raised $107 million in a Series C at a $4
air max shoes 00 million to $500 million valuation.That a big leap, but in a period where a lot of growth-stage startups have found it a challenge to raise more money, Optibus stands
air force donna out as an example of how the right mix of timing and traction can still close deals.The company now has customers in more than 1,000 cities, double the number of
jordan4 a year ago; and its employees have also grown to 300 up from 120 . In total, Optibus is being used to track and power about 2.5 billion trips on buses, on-street trams, light rails and Cchm LBC Vision
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