Tech Company Financing Transactions
Traffic.com Funding Round
Traffic.com secured a $10 million funding round on 5/2/2005. Investors included Columbia Capital.
Transaction Overview
Company Name
Announced On
5/2/2005
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Columbia Capital (Jason Crist)
Proceeds Purpose
This new round of funding will enable us to expand our sales, marketing, and product development capabilities to support the growing needs of our customers.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
851 Duportail Road
Wayne, PA 19087
USA
Wayne, PA 19087
USA
Phone
Website
Email Address
Not Recorded
Overview
Traffic.com, Inc. is the leading independent provider of traffic data, content, and services to broadcast media, consumer, government, and telematics markets. In 2006, Traffic.com was acquired by Navteq, which later rebranded to the company name Here.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert Verratti
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We record every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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