![]() In 2010, the company raised US$25 million in the second round of funding an additional $30 million was raised in financing in the following year. In 2008, Shabtai formed a company called Waze to commercialize the initial project in 2009, it was renamed to Waze Mobile Ltd. In 2006, Israeli programmer Ehud Shabtai founded a community project known as FreeMap Israel, which aimed to create (with the crowd-sourcing assistance of community users) a free digital mapping database of Israel compiled in the Hebrew language with ensured free content, updates, and distribution. ![]() ![]()
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