Locations
Palo Alto, CA, USA · Los Angeles, CA, USA · Outpost Estates, Los Angeles, CA, USA
industry
Information Technology
Size
1 - 10 employees
Stage
Series A
founded in
2016
Waycare, a subsidiary of Rekor Systems, Inc., is shaping the future of city mobility, optimizing city traffic management by harnessing in-vehicle information for predictive insights. Ultimately, Waycare enables cities to fully control their roads and directly communicate with all vehicles. In the coming years, the average vehicle is expected to generate over 4 terabytes of data per day; 10x more than the daily data generated from an entire traffic management center. At the same time, urban populations are exploding, leading to unprecedented levels of road congestion in cities. Waycare's platform harnesses in-vehicle and internal city data to optimize traffic systems and establish a two-way communication channel between the city and the vehicle. Waycare’s proprietary deep learning technologies provide the city with predictive analytics and real-time decision-making tools, enabling proactive traffic and incident mitigation and dynamic real-time traffic flow optimization options.
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