Kirkland Washington based Inrix is raising $9,999,993.00 in New Equity Investment.
Kirkland, WA – According to filings with the U.S. Securities and Exchange Commission, Inrix is raising $9,999,993.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Bryan Mistele played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Inrix
Founded in 2005, INRIX pioneered the intelligent mobility category by transforming big data from connected devices and vehicles into mobility insights. This revolutionary approach enabled INRIX to become one of the leading providers of data and analytics into how people move around the world. INRIX provides cities and road authorities with a leading on-demand analytics platform for making data-driven decisions and managing mobility to keep the world moving smarter, safer, and more efficiently. Financial services use INRIX for global insights into consumer trends, supply chain health, forecasting revenue, manufacturing activity, and macro trends. By empowering cities, businesses, and people with valuable insights, INRIX is helping to improve mobility from the first mile to the last. With partners and solutions spanning across the entire mobility ecosystem, INRIX is uniquely positioned at the intersection of technology and transportation whether its keeping drivers safe, improving traffic signal timing, optimizing the last mile, understanding complex supply chains, or helping a business expand their retail footprint.
To learn more about Inrix, visit http://www.inrix.com/
Contact:
Bryan Mistele, President and Chief Executive Officer
425-284-3800
bryan@inrix.com
https://www.linkedin.com/in/mistele/
SOURCE: http://www.intelligence360.io
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