Kirkland-based INRIX recently secured a $70 million financing round from Morgan Stanley Investment Management. The company provides cities and businesses with transportation analytics and connected car services. Its goal is to create safer, more efficient transportation systems around the world.
For almost two decades, INRIX has leveraged artificial intelligence and machine learning to provide its customers with location-based insights to make transportation smarter, greener and safer.
This funding will be used to fuel the company’s growth initiatives, refinance debt and strengthen its position in the intelligent mobility industry. With this new funding, INRIX will drive innovation and expand its customer base.