About Waze
Waze is a company based in Tel Aviv (Israel) founded in 2007 was acquired by Google in February 2013. Waze has raised $67 million across 3 funding rounds from investors including Google, Kleiner Perkins and Qualcomm Ventures. Waze operates in a competitive market with competitors including onXmaps, MapQuest, YAMAP, Fatmap and 2GIS, among others.
- Headquarter Tel Aviv, Israel
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TechnologyTransportation, Automotive & Logistics
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People of Waze
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Software Development Team
277 people
Sales and Marketing
274 people
Leadership Team
198 people
Product Management Team
165 people
Creative and Marketing Team
126 people
Operations Team
83 people
Senior Team
61 people
Account Team
58 people
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Funding Insights of Waze
Waze has successfully raised a total of $67M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $30 million completed in October 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Waze
Waze has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Google, Kleiner Perkins and Qualcomm Ventures.
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Horizons Ventures is focused on investing in deep science and technology.
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Venture capital firm investing in early-stage tech startups
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Early-stage Israeli startups are invested in by Magma Venture Partners.
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Investor details for Waze
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Investments & Acquisitions by Waze
Investment portfolio details for Waze
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Financial Statements - Waze
Detailed financials for Waze
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Waze Comparisons
Peer comparison for Waze
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Competitors of Waze
Waze operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as onXmaps, MapQuest, YAMAP, Fatmap and 2GIS, among others.
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Online maps for land ownership and outdoor navigation are provided.
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Mapping applications and driving directions are provided for travel.
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Mountaineering map application for offline smartphone tracking is provided.
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3D terrain maps for outdoor adventures are provided to skiers.
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Local discovery mobile app for city information services is offered.
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Detailed competitors of Waze
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Latest news on Waze
Complete news archive for Waze
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Frequently Asked Questions about Waze
Waze was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Waze is headquartered in Tel Aviv, Israel.
Waze is a funded company, having raised a total of $67M across 3 funding rounds to date.
Waze was founded in 2007 in Tel Aviv, Israel, within the mobility technology sector. App-based navigation services are offered, allowing a community of drivers to share real-time road information on traffic, construction, police presence, and crashes. Users are enabled to report accidents, hazards, and police traps to assist others. Carpooling options are facilitated through the application, which is accessible on iOS and Android platforms.
Waze has 8 investors. Key investors include Google, Kleiner Perkins, Qualcomm Ventures, Horizons Ventures, and Magma Venture Partners.