The story
INRIX was founded in 2004 by Bryan Mistele and Craig Chapman and spun out technology from Microsoft Research. Since 2005, the company has raised $129 million in venture capital funding over five rounds from August Capital, Venrock, Bain Capital Ventures, Kleiner Perkins, Porsche SE, and Intel Capital.
INRIX acquired ITIS (a provider of daily traffic and travel information to European drivers), ParkMe, and OpenCar in 2011, 2015, and 2016, respectively.
In November 2023, INRIX acquired the Portland-based shared mobility platform Ride Report.
From Wikipedia’s article on INRIX, shared under CC BY-SA 4.0.4