Home Must Reads GlobeSherpa raises $1.3M

GlobeSherpa raises $1.3M

| Print |  Email
Must Reads
Tuesday, March 05, 2013

Portland startup GlobeSherpa raised $1.3 million to help finance a national rollout of its technology that sells transit tickets via smartphones.

Founded in 2010, GlobeSherpa reached a deal with TriMet last year to sell paperless e-tickets. Transit riders show the on-screen ticket to drivers or fare inspectors to prove they've paid. The company has nine employees, all in Portland.

TriMet is now testing the technology. Originally slated to roll out this spring, it's undergoing additional testing and is now set for a broad introduction this summer. GlobeSherpa says it's close to a similar deal with the City of Portland for the Portland Streetcar, and is negotiating with a half-dozen other U.S. transit agencies.

Read more at OregonLive.com.

{biztweet}globesherpa{/biztweet}

 

More Articles

Community colleges and sustainability

Contributed Blogs
Thursday, July 31, 2014
sustainabilityBY MARY SPILDE | OB GUEST CONTRIBUTOR

Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.


Read more...

Portland rises

News
Monday, August 18, 2014

IMG 2551Portland is in the middle of another construction boom, with residential and office projects springing up downtown, in the Pearl and Old Town. OB Web Editor Jessica Ridgway documents the new wave.


Read more...

Report Card

September 2014
Tuesday, August 26, 2014

Strong public schools shore up the economy, survey respondents say. But local schools demonstrate lackluster performance.


Read more...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

South Waterfront's revenge

News
Thursday, July 24, 2014
MoodyAveBY LINDA BAKER | OB EDITOR

Remember the naysayers?  Those who called the South Waterfront aerial tram a boondoggle?  Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?


Read more...

Fast Food Slows Down

September 2014
Tuesday, August 26, 2014
BY KIM MOORE

The ubiquitous fast-food restaurant may be on the decline.


Read more...

Powerlist: Colleges and Universities

September 2014
Wednesday, August 27, 2014
BY KIM MOORE

A conversation about higher education with the presidents of the University of Oregon and Clackamas Community College, followed by September's powerlist.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS