Public Transit Big Data Provider Swiftly Receives Strategic Growth Investment from JMI Equity to Expand Ability to Make Cities Move Efficiently
Round Type
Venture
San FranciscoSoftwareDescription
Swiftly, the leading big data platform for public transit, today announced that it has received a strategic investment from JMI Equity (“JMI”), a growth equity firm focused on investing in leading software companies, with participation from Shakti Ventures. JMI and Shakti join an existing group of investors, including Renewal Funds, Via ID, Aster Capital, and Wind Capital, to help Swiftly accelerate the development of its industry-leading big data platform to support hundreds of transit agencies and operators around the world. With the added resources from JMI, Swiftly plans to double headcount and expand its customer-facing teams to serve more public transit agencies and operators globally.
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