INRIX Planning IPO

Inrix, the traffic information firm that is based in Kirkland, is getting set to file for an IPO according to the Wall Street Journal.  Inrix has apparently hired Goldman Sachs Group and J.P. Morgan Chase & Co. as its bankers, with plans to raise around $100 million.  Inrix has been financed by August Capital, Bain Capital, Kleiner Perkins Caufield and Byers, and Venrock Associates.

Source: Northwest Innovation News, October 11, 2012.