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Black Software Company Citiri Secures Series A Funding Round to Transform the Transportation Industry

In a new expansion deal for Atlanta-based company Citiri , the Black-owned software company has just received a Series A growth investment from Pensacola-based RCP Equity to help them transform airport and transportation operations, Black Enterprise reports . Citiri — a leading provider of Operational Readiness software that helps manage major airport and public transportation construction projects — announced the new funding as it looks to scale up and increase its number of new airport and transportation improvement projects, largely brought on by the COVID-19 pandemic, according to a press release . The new funding will also increase the need for greater stakeholder involvement in the commissioning and pre-commissioning processes, and pressure to lower costs as construction budgets are expected to shrink, a press release states . This funding round will ultimately help Citiri serve more airport and public transit customers as well as accelerate expansion into other industries...

Njera Perkins

Aug 12, 2020

Uber Users in Denver Can Now Purchase Public Transit Tickets

Uber is slowly aiming to become the one-stop shop for all your transportation needs. Now, customers in Denver can use the app to purchase public transit tickets, TechCrunch reported . For this project, Uber partnered with Masabi — a London based technology company that develops mobile ticketing for public transportation. Masabi currently works with 30 transportation agencies worldwide, including New York City’s MTA, Los Angeles’ Metrolink, and Boston’s MBTA. According to TechCrunch, Uber Head of Transit David Reich said in a statement: ”For the first time ever, taking an Uber trip can mean taking public transit. We are excited to expand our collaboration with RTD and Masabi  to make Denver the first city in the world where riders can purchase transit tickets and ride public transit seamlessly through the Uber app. With this step, we are moving closer to making Uber’s platform a one-stop shop for transportation access, from shared rides to buses and bikes.”   Back in January , Uber...

Vanessa Taylor

May 3, 2019