INRIX

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INRIX, Inc.
TypePrivate
IndustryAnalytics, automotive, mobility and transportation
FoundedJuly 2004
FoundersBryan Mistele, Craig Chapman
HeadquartersKirkland, Washington, United States
Key people
Bryan Mistele, CEO; Mark Daymond, CTO; Madhu Jagannathan, CFO
ProductsRoadway traffic, mobility analytics, safety, parking
OwnerAugust Capital, Venrock, Bain Capital Ventures, Kleiner Perkins, Porsche SE, Intel Capital
Number of employees
350 (May 2019)
Websitewww.inrix.com

INRIX is a private company headquartered in Kirkland, Washington, US. It provides location-based data and analytics -- such as real-time and historical traffic conditions, road safety, and parking availability -- to automakers, businesses, cities and road authorities worldwide, as well as to turn-by-turn navigation applications like Google Waze.[1] INRIX also develops white-label mobile phone and in-car apps[2] and publishes research reports on traffic congestion, parking, roadway safety, retail site section, and autonomous vehicles in major cities.[3][4][5]

History[]

INRIX was founded in 2004 as a spin-off of Microsoft Research.[6] Since 2005, the company has raised $159 million in venture capital funding over five rounds from August Capital, Venrock, Bain Capital Ventures, Kleiner Perkins, Porsche SE and Intel Capital.[7][8] INRIX acquired ITIS, ParkMe, and OpenCar in 2011, 2015, and 2016 respectively.[1][9] ITIS delivered daily traffic and travel information to European drivers.[1][6]

Technology[]

INRIX collects anonymized data on congestion, traffic incidents, parking and weather-related road conditions from millions of data points[10] daily in over 145 countries.[11] The data is aggregated from connected cars and mobile devices, US state's Department of Transportation, cameras and sensors on roadways, and major events expected to affect traffic[1] and is available through INRIX IQ, a SaaS-based cloud platform for businesses and road authorities to understand mobility trends. INRIX works with local authorities to digitize rules of the road for highly automated vehicles (HAVs) operating on public roads, and information gathered from HAVs can be used for infrastructure improvements.[12]

INRIX apps and APIs include: ParkMe, which helps users find available parking and compares prices[13] INRIX IQ, which compiles and analyzes traffic patterns, congestion, traffic signals, safety and another transportation information used by commuters, businesses, and municipal planners;[14] INRIX AI Traffic, which uses anonymized wireless data from drivers’ cell phones and automobiles to provide live traffic data to users.[15][16]

References[]

  1. ^ a b c d Eagle, N.; Greene, K. (2014). Reality Mining: Using Big Data to Engineer a Better World. MIT Press. p. 89. ISBN 978-0-262-32457-1. Retrieved March 7, 2018.
  2. ^ "Inrix Traffic 4 for iOS helps drivers avoid traffic congestion and estimate arrival times (video)". Engadget. May 22, 2012. Retrieved March 7, 2018.
  3. ^ Turnbull, K.F. (2013). Performance Measurement of Transportation Systems: Summary of the Fourth International Conference, May 18-20, 2011, Irvine, California. Conference proceedings (National Research Council (U.S.). Transportation Research Board)). Transportation Research Board. p. 39. ISBN 978-0-309-28669-5. Retrieved March 7, 2018.
  4. ^ "What's the most expensive cost U.S. drivers faced last year?". USA TODAY. April 9, 2018. Retrieved February 1, 2019.
  5. ^ Newcomb, Doug (March 8, 2017). "Exclusive: How Data Can Help Cities Hone Deployment Of Self-Driving Cars". Forbes. Retrieved February 1, 2019.
  6. ^ a b Constine, Josh (November 26, 2012). "Inrix Now Collects Traffic Data From 100M Drivers, Shows Black Friday Congestion Up 32.5% Despite Ecommerce". TechCrunch. Retrieved March 7, 2018.
  7. ^ Rao, Leena (July 24, 2011). "Kleiner Perkins Leads $37 Million Round In Realtime Traffic Data Company Inrix". TechCrunch (in German). Retrieved March 7, 2018.
  8. ^ Boston, William (September 12, 2014). "Porsche Family Fund Buys Stake in Traffic Mapping Startup Inrix". The Wall Street Journal. Retrieved March 7, 2018.
  9. ^ Korosec, Kirsten (March 9, 2016). "Traffic Data Firm Buys Apple, Google Rival OpenCar". Fortune. Retrieved March 7, 2018.
  10. ^ Calvert, Scott (December 7, 2021). "Traffic in Cities Is Rising but Still Largely Below Pre-Pandemic Levels". The Wall Street Journal. Retrieved 19 January 2022.
  11. ^ Mikulski, J. (2016). Challenge of Transport Telematics: 16th International Conference on Transport Systems Telematics, TST 2016, Katowice-Ustroń, Poland, March 16–19, 2016, Selected Papers. Communications in Computer and Information Science. Springer International Publishing. p. 61. ISBN 978-3-319-49646-7. Retrieved March 7, 2018.
  12. ^ Frost, Adam. "Inrix and SharedStreets to standardize road data for automated vehicles". TrafficTechnologyToday.com. Mark Allen Group Limited. Retrieved 19 January 2022.
  13. ^ Taub, Eric A. (January 22, 2015). "The Technological Race to Find You a Place to Park". The New York Times. Retrieved March 7, 2018.
  14. ^ Wordsworth, Saul (February 24, 2021). "INRIX expands signal analytics to measure intersection performance". Traffic Technology Today. Mark Allen Group Limited.
  15. ^ Nickelsburg, Monica (June 22, 2019). "Traffic tech company INRIX approaches its 15th birthday, looks to AI to drive its business". Geek Wire. GeekWire LLC.
  16. ^ "Inrix uses AI to tackle congestion and difficult traffic conditions". SmartCitiesWorld. Smart Cities World Ltd. June 3, 2018. Retrieved 19 January 2022.

External links[]

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