Inrix Garners $37,000,000 Series D Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e6f5b962-7ff2-41ac-b635-998f8ba6afc7&Preview=1 -
Date
7/25/2011 -
Company Name
Inrix -
Mailing Address
10210 NE Points Dr. Kirkland, WA 98033 -
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
$37,000,000 -
Transaction Round
Series D -
Proceeds Purposes
The investment will be used to fuel acquisition efforts, continued global expansion and R&D efforts focused on the company’s growing in-car services and mobile applications businesses. -
M&A Terms
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Venture Investor
Kleiner Perkins Caufield & Byers -
Venture Investor
August Capital -
Venture Investor
Undisclosed
