Irish company gets hold of Téo Taxi’s technology team
MONTREAL – Shortly after Téo Taxi ended its operations at the end of January, the Irish company iCabbi got its hands on the Montreal company’s technology development team, as well as opening up a new office in the city.
According to Gavan Walsh, CEO of iCabbi, this was an “opportunity not to be missed” and Montreal is “the ideal place” to launch the North American expansion of the company.
The Montreal team brings iCabbi’s total membership to 151 people.
The company enjoys a presence across Canada, the United States and Europe.
According to the company, more than 70,000 taxis and transport vehicles use iCabbi’s technologies around the world. Its current platform manages more than 4 million races a week.
“We are extremely pleased that iCabbi recognizes the importance of keeping the team together and keeping these high quality jobs in Montreal. This allows us to continue to contribute to the improvement of a local and international mobile technology ecosystem, “said iCabbi Vice President of Product North America, Yasha Sekhavat.
ICabbi entered into a strategic partnership with the Renault Group in June 2018. The investment allowed iCabbi to expand its product, research and development and customer service teams.