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INRIX picks bankers, inches closer to IPO

It’s no secret that Bryan Mistele wants to take INRIX public. But the Kirkland provider of traffic data appears to be getting a bit closer, with The Wall Street Journal reporting that the company has hired Goldman Sachs Group Inc. and J.P. Morgan Chase & Co. to help lead the efforts on a 2013 IPO that… Read More

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INRIX CEO Bryan Mistele on surviving 70 VC rejections

Bryan Mistele wants to eliminate one of society’s biggest issues — traffic. How’s he going to do it? Find out in this episode of Nextcast. Growing up, Bryan knew he wanted to run his own tech company. After spending time in high school working with electrical engineers, he wrote down a life goal: start and… Read More

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Newsmakers 2011: Bryan Mistele guides Inrix on road to success

With Bryan Mistele at the wheel, Inrix was on the move in 2011. The Kirkland provider of real-time traffic information raised a $37 million venture round from Kleiner Perkins Caufield & Byers, signed a multi-million dollar deal with Google and purchased its biggest European rival. The $60 million buyout of ITIS Holdings added $27 million… Read More

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Traffic navigation startup Waze nets $30M from Inrix backer KPCB

People must really hate getting stuck in traffic. Waze, a Silicon Valley startup, just landed a whopping $30 million in venture capital financing to help people better navigate through congested highways and side streets. That followed a $25 million round for the company last year, creating a potentially interesting dynamic with Kirkland-based rival Inrix. Inrix,… Read More

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Here are the problems facing Groupon and Living Social: Scale, repeat customers and targeting

Are Groupon and Living Social the next great things in online advertising? Or, are they just a flash in the pan? That was the fascinating debate which broke out earlier this week at the Mobile Future Forward conference in Seattle where panelists debated the challenges in front of the fast-growing daily deal businesses. RealNetworks chairman Rob… Read More