INRIX raises $70 mn in VC funding from Morgan Stanley Capital 

INRIX, a provider of transportation analytics and connected car services, has raised $70 million in a VC financing round from investment funds managed by Morgan Stanley Expansion Capital and Morgan Stanley Tactical Value.
Dollar spending on technologyThe VC funding will be utilized to fuel the company’s strategic growth initiatives, refinance debt, and further strengthen its position as a key player in the intelligent mobility industry.