Inrix 'Dust Network' Delivers First Nationwide Traffic Service
Revolutionary Traffic Technology Provides Accurate Real-Time and
Predictive Traffic Information for Every Major Metropolitan Area in U.S.

Announced today at Telematics Detroit, Inrix unveils the details of its revolutionary 'Dust Network.' The Inrix Dust Network represents a traffic technology breakthrough that dramatically improves the accuracy, quality and coverage of traffic information and provides businesses, government agencies and consumers with the information they need to avoid gridlock, and save time and money.

It works by combining anonymous, real-time GPS probe data from more than 500,000 commercial fleet, delivery and taxi vehicles across the U.S. with other real-time traffic flow information and hundreds of market-specific criteria that affect traffic - such as construction and road closures, real-time incidents, sporting events, weather forecasts and school schedules, greatly expanding traffic coverage and improving accuracy well beyond any other traffic service on the market today.

Inrix is the first company to successfully transform a large volume of anonymous real-time GPS vehicle probe data into nationwide traffic information. Only Inrix's proprietary Traffic Fusion Engine incorporates the power of advanced Bayesian analytics to combine GPS probe data with hundreds of other market-specific data sources enabling the most accurate real-time and predictive traffic information and broadest coverage available.

"Until now, the biggest obstacle to delivering useful and relevant traffic flow information to the market has been the extremely limited coverage of road sensor networks," said Inrix President and CEO Bryan Mistele. "The Inrix Dust Network overcomes these challenges with a revolutionary new approach, making expensive, environmentally obtrusive and often unreliable road sensor networks obsolete."

Inrix currently provides businesses and regional departments of transportation (DOTs) agencies with real-time traffic incident information for 138 metropolitan markets and with this announcement now provides real-time traffic speed and flow information for more than 30 markets across the country, making Inrix the clear leader in traffic flow coverage. Inrix will continue rolling out its Dust Network in the U.S. and will provide real-time flow information for more than 50 markets by the end of the year. This represents more than 35,000 miles of coverage on freeways, highways, arterials and side streets - more than seven times the coverage of existing road sensor networks.

While some traffic solutions only offer highway-level coverage and are dependent upon extremely expensive and often unreliable road sensor networks for information, the Inrix Dust Network provides high-quality real-time and predictive traffic information in markets where accurate traffic data was not previously available such as Miami, Las Vegas, New York, Tampa, San Antonio and Providence. Extensive recent ground-truth testing of the Inrix Dust Network has shown an 8 - 15% accuracy advantage over traditional embedded road sensor systems.

• Full press release

Inrix Secures $10 Million in Oversubscribed Series B Round

Inrix secured $10 million in Series B funding, in an oversubscribed round led by Boston-based Bain Capital Ventures, with participation from existing investors Venrock Associates and August Capital.

"In less than two years, Inrix has grown from a tech startup to the leading provider of real-time and predictive traffic information in the U.S.," said Ajay Agarwal, Managing Director at Bain Capital Ventures. "We are big believers in the future of this company and the far reaching benefits of this technology for businesses, government agencies and consumers." As part of the funding, Ajay Agarwal will be joining the Inrix board of directors.

"We are proud to receive Series B funding from Bain Capital Ventures and intend to use the funds to continue building and delivering our uniquely scaleable solutions designed to help solve traffic congestion and save millions of American businesses and consumers, time and fuel." said Inrix President and CEO Bryan Mistele.

• Full press release

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