User:Mburfeind/inrixdraft

INRIX is a private company headquartered in Kirkland, Washington. It provides location data used to provide information on traffic, parking and other analytics. INRIX also develops mobile phone and in-car apps and publishes annual reports on traffic congestion, parking, and autonomous vehicles in major cities.

INRIX was founded in 2004 as a spin-off of Microsoft's automotive research lab. By 2011, the company had raised $70 million in venture capital funding over four rounds, including $37 million that year. In 2014, Porsche invested an additional $55 million. INRIX acquired ITIS, ParkMe, and OpenCar in 2011, 2015, and 2016 respectively. ITIS developed triangulation software that identified a cell phone's location based on its distance to cell phone towers. Santa Monica, California-based ParkMe identifies available parking spots and compares prices. OpenCar created an open source operating system for apps to be used while driving.

INRIX collects anonymized data on congestion, traffic incidents, parking and weather-related road conditions from more than one million data points daily in 88 countries. 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 effect traffic.

In addition to its white label deals, 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. The app was overhauled in 2016 with version 6, which analyzes the user's driving habits in order to make suggestions on routes and departure times. The ParkMe Parking app helps users find, pay and drive to available parking near their destination.