Alex Wallar News Today

The round was led by The Engine. The funding, which brings The Routing Company’s total capital raised to $6.175m, will be used to accelerate commercialization of the startup’s dynamic shared rides technology, refine its product, and round out a team that combines extensive rideshare industry leadership experience with deep academic expertise. Spun out of MIT’s Computer Science and Artificial Intelligence Laboratory (MIT CSAIL) by Menno van der Zee and Alex Wallar, Chief Technology Offic...

With $5 million in hand, The Routing Company is giving public transit authorities a ridesharing service James Cox spent much of his professional career at Uber trying to crack the problem of how to reduce congestion through ridesharing. As one of the architects of the Uber Pool service and a longtime proponent of ridesharing as a means to slash vehicle emissions, Cox leapt at the chance to harness technology developed at MIT that purported to perfect a dynamic routing and vehicle management sys...