Inrix Obtains $55,000,000 New Round

  • Feed Type
  • Date
    9/15/2014
  • Company Name
    Inrix
  • Mailing Address
    10210 NE Points Dr. Kirkland, WA 98033 USA
  • Company Description
    Inrix delivers highly accurate real-time and predictive traffic services nationwide, providing businesses and individuals with personalized, actionable information that has the power to transform daily commutes and routes.
  • Website
    http://www.inrix.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $55,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The investment by Porsche will allow INRIX to transition away from its base of venture capital investors to larger investors who want to be part of the company’s next stage of growth.
  • M&A Terms
  • Venture Investor