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INRIX, Inc.
Company typePrivate
IndustryAnalytics, automotive, mobility and transportation
FoundedJuly 2004
FoundersBryan Mistele, Craig Chapman
HeadquartersKirkland, Washington, United States
Key people
Bryan Mistele, CEO; Mark Daymond, CTO; Scott Sedlik, SVP Public Sector & Enterprise; Joe Berry, SVP Automotive
ProductsRoadway traffic and parking information
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. It provides location-based data and analytics, such as traffic and parking, to automakers, cities and road authorities worldwide, and in turn-by-turn navigation applications like Google Waze.[1] INRIX also develops mobile phone and in-car apps[2] and publishes annual reports on traffic congestion, parking, 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 $112 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][10] ITIS delivered daily traffic and travel information to millions of European drivers.[1] Santa Monica, California-based ParkMe identified available parking spots and compares prices.[9] OpenCar created applications and an open-sourced application framework for the car.[10]


Technology

INRIX collects anonymized data on congestion, traffic incidents, parking and weather-related road conditions from millions of data points daily in over 80 countries.[11] The data is aggregated from connected cars and mobile devices, state's Department of Transportation, cameras and sensors on roadways, and major events expected to affect traffic.[1] In addition, 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.

In addition to its business-to-business solutions, INRIX develops its own apps and works with app developers for its OpenCar infotainment product. INRIX Traffic is an app that advises users on the ideal time to leave based on historical and real-time traffic data along their planned trip.[12] The ParkMe Parking app helps users find, pay and drive to available parking near their destination.[13] INRIX Traffic and ParkMe Parking are available on iOS and Android devices.

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. ^ 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. ^ a b Lunden, Ingrid (September 9, 2015). "Inrix Buys ParkMe To Add Smart Parking Services To Its Real Time Traffic Data". TechCrunch. Retrieved March 7, 2018.
  10. ^ a b Korosec, Kirsten (March 9, 2016). "Traffic Data Firm Buys Apple, Google Rival OpenCar". Fortune. Retrieved March 7, 2018.
  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. ^ Dent, Steve (March 30, 2016). "Inrix Traffic app uses AI to learn your driving habits". Engadget. Retrieved March 7, 2018.
  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.
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