After Three Years and 200 Cities Served, Transit Startup Optibus Raises $12M Series A Round

Plus, new transit fare systems sweep the nation, New Orleans data leader heads to Socrata, and more.

by / November 21, 2017

TOP NEWS

Transit Startup Optibus Secures $12M Series A Round At only three years old, the company already has customers in more than 200 cities. It uses machine learning algorithms to identify efficiencies transit agencies and operators can create within their systems, potentially saving millions per year. But now, with an infusion of capital, Optibus wants to do more.


 
New Transit Fare Systems Sweep the Nation As new technology hits the market, bus and train operators across the country are updating their systems to allow for smartphone payments or regional fare cards. But they're often updating really old systems, and it's not always easy.
 
New Orleans Data Leader Heads to Socrata Oliver Wise, former director of the city of New Orleans' Office of Performance and Accountability, is going to Socrata.
 
Industry Perspective: How Agile Development Will Spur Change in Government IT Survey data suggests government IT leaders are beginning to shift to more agile methods. But it's not a simple change to make. Accenture examines what will need to change in government in order for an agile approach to really take hold.

MARKET SPOTLIGHT

 

Local Government Really, Really Wants Better Cybersecurity That might be obvious enough given that city chief information officers listed it as their No. 1 priority in the Center for Digital Government's 2017 Digital Cities survey. One might also look at past years' surveys, where they said the same thing. Or perhaps the Digital Counties survey, where those CIOs also listed cybersecurity as their biggest priority. It's a thing.

WATCHLIST

GovTech company on our radar this week:

Beehive Industries: A data-based, software-as-a-service asset and infrastructure management platform for the public sector. 

Run a GovTech company? Get on our radar here.

WHAT WE'RE READING

A Look at the Emerging Players in Edge Computing (Data Center Frontier)

After Issuing Thousands of Erroneous Parking Tickets, Sacramento Examines Meter System (Sacramento Bee)

GovTechBiz is our weekly newsletter covering the companies, deals and trends in the business of gov tech. Got a news tip? Other feedback? We're listening. Send it to GovTechBiz Writer Ben Miller at biz@govtech.com. 

Ben Miller Staff Writer

Ben Miller is the business beat staff writer for Government Technology. His reporting experience includes breaking news, business, community features and technical subjects. He holds a Bachelor’s degree in journalism from the Reynolds School of Journalism at the University of Nevada, Reno, and lives in Sacramento, Calif.