Moovit Launches Version 4.8 With Live City Cycle Share Updates

January 18, 2016 | Public transportation app Moovit announced the release of version 4.8 which will include live updates on city-wide bicycle sharing programs. Users can now use the app to locate the nearest bicycle station and find out if there is an available bicycle or space to return a bicycle in use. Cycle information will be available in New York, San Francisco, London, Paris, Berlin, Rome, Tel Aviv, among 110 cities worldwide. Founded in 2011 and run by Co-Founder and CEO Nir Erez, Moovit has already raised $81.5 million in funding from the likes of BRM Capital, Sequoia Capital, Nokia Growth Partners and Gemini Israel.