TRAFI Raises $500K In Seed Funding To Be The Go-To Transit App For Emerging Markets

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http://techcrunch.com – Lithuanian startup TRAFI is announcing a seed funding round of $500,000 U.S. today, provided by Practica Capital. In addition to the funding, former Nokia Maps chief Sylvain Grande is joining the board, and the company hopes to pursue a strategy of aggressive expansion in key markets not well covered by leading players like Google. TRAFI already reaches over 300,000 unique users monthly in its launch market in Lithuania, providing commuters and travelers there with journey planning that seamlessly combines public transit, taxi, bicycle routes and walking, offering suggestions as to which modes (IT news)