Tech Company Financing Transactions
INRIX Funding Round
INRIX secured a $55 million investment round on 9/15/2014. Investors included Porsche Automobil Holding SE.
Transaction Overview
Company Name
Announced On
9/15/2014
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Undisclosed
Investors
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
501 Santa Monica Blvd. 200
Santa Monica, CA 90401
USA
Santa Monica, CA 90401
USA
Phone
Undisclosed
Website
Email Address
Overview
Real-time and predictive vehicle traffic.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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