SEATTLE — Kirkland-based Inrix, a traffic-mapping company, has secured close to $55 million in funding from one of the top names in the automotive industry: Porsche.
The money will allow Inrix to cash out some early investors and continue to develop traffic-information and driver-service technologies, the company announced Friday.
The deal is Germany-based Porsche Automobil Holding SE’s first step toward creating a portfolio of investments to complement its existing shareholdings in Volkswagen AG.
