Microsoft makes secret investment in social navigation company Waze

By on July 12, 2011 at 5:13 PM.

Microsoft makes secret investment in social navigation company Waze

Microsoft secretly participated in a recent $25 million funding round for Israel-based navigation solutions provider Waze, Israeli tech site TheMarker reported last week. Microsoft makes very few investments each year according to TheMarker’s source, but the tech giant apparently took quite an interest in Waze’s unique brand of navigation apps. “Waze is a social mobile application providing free turn-by-turn navigation based on the live conditions of the road. 100% powered by users, the more you drive, the better it gets,” the company’s website states. The company’s apps provide free voice-guided navigation to users, and also provide real-time data such as traffic conditions and speed trap alerts based on both automatic and manual feedback from each of Waze’s 4.5 million users around the world. While the terms of Microsoft’s investment were not revealed, the move is an interesting one — Microsoft is now in bed with Nokia, owner of navigation giant Navteq, and it will supply the OS for Nokia’s smartphones moving forward. Microsoft has already announced that it will use Navteq to power future navigation solutions in its Windows Phone OS, but it looks like a unique version of Waze for Windows Phone is in the works as well. More →

10 Comments

Nokia-owned Navteq acquires Trapster

By on December 13, 2010 at 1:09 PM.

Nokia-owned Navteq acquires Trapster

Navteq, a mapping and navigation solutions company owned by Nokia, has acquired California-based Trapster according to a Reuters report. The somewhat controversial move suggests that future navigation solutions from Nokia might integrate Trapster’s product. Trapster provides a location-based service that alerts motorists equipped with its iOS or Android app when they approach known police speed traps. The company’s speed trap location data is completely user-generated, and the service claims to currently have 9.4 million users. The purpose of the service, in a nutshell, is to help users disobey traffic laws without getting caught. It then further endangers users along with the pedestrians and motorists around them by encouraging people to divert their attention from the road to manually report speed traps they pass during their travels. According to the National Highway Traffic Safety Administration (NHTSA), there were 9,479 fatal traffic accidents in the U.S. in 2009 involving speeding, resulting in 10,591 deaths. More →

23 Comments