Traffic.com

Company

Investment-firm

Last deal

Amount

Private Equity

Stage

07.09.2005

Date

3

all rounds

$19M

Total amount

Financing round

General

About Company
Traffic.com is a leading provider of accurate, real-time traffic information in the United States.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.1998

Number of employees

Company Type

For Profit

Last funding type

Private Equity

IPO status

Private

Description

With their extensive geographic coverage and high-quality traffic data, Traffic.com offers detailed information on specific speeds, travel times, and delay times. They have also developed a cloud-based location platform that allows individuals, businesses, and cities worldwide to easily access location data through their map and navigation application software.
Contacts
Similar Companies
31
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CE- Traffic

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Transito Na Ponte

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Sector

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Subsector

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M&A Details
1

Transaction name

Acquired by

Navteq

announced date

20.11.2006

Financials

Funding Rounds
4
3

Number of Funding Rounds

$19M

Money Raised

Their latest funding was raised on 07.09.2005. Their latest investor Actua Corporation. Their latest round Private Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
07.09.2005
1
29.03.2002
1
19.02.2002
1
Investments
1
Date 
name 
Lead 
type 
Raised 
NexTone Communications

NexTone Communications

NexTone Communications provides systems solutions for convergent value-added services using broadband Internet access technology.

Sector

Telecommunications Service Providers

Subsector

Telecommunications Services

Location

Baltimore, MD, USA

total rounds

6

total raised

$95.5M
Co-Investors
Investors
4
3

Number of lead investors

4

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Venture - Series Unknown
Yes
Venture - Series Unknown
Yes
Venture - Series Unknown
Actua Corporation

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Sector

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Subsector

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total rounds

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$14M

count Of Investments

47

count Of Exists

21
Bessemer Venture Partners

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Sector

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Subsector

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TL Ventures

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Sector

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Subsector

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count Of Exists

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Exits
1
NexTone Communications

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Sector

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Subsector

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Location

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total raised

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People

Founders
2

Chris Rothey

current job

Comcast
Comcast

organization founded

3

Chris Rothey

Michael Burns
Michael Burns

Michael Burns

Michael Burns is a Managing Partner at Murray Hill Group. As an entrepreneur and venture capitalist, Michael’s career ranges building and exiting multiple ventures in the technology space to the military and defense sector. As an investor, Michael has been Managing Director at Alara Capital, Guggenheim Partners and TL Ventures. He invests in seed through growth stages in the semiconductor, software, and deep tech space. As a serial entrepreneur, Michael has co-founded Agere Corporation, acquired by Lucent Technologies, Traffic.com, that went public on NASDAQ and later acquired by mapping giant Navteq, Ideal Semiconductor Devices Corporation, and was founding chairman of Ciclon Semiconductor Devices Corporation, acquired by Texas Instruments. Earlier, Michael was a program manager at Lockheed Martin Naval Systems. He was an officer in the US Navy. After 9/11 he voluntarily served in the Navy Reserve and is a veteran of the Global War on Terror including service in Afghanistan. Michael is a graduate of the University of Pennsylvania and the Wharton School where he was a Benjamin Franklin Scholar, with degrees in electrical engineering and finance.

current job

Murray Hill Group
Murray Hill Group

count Of Investments

1

count Of Exists

1

Michael Burns

Employee Profiles
11
Chris Cera

Chris Cera

Media Development group

Brent Matzelle

Brent Matzelle

Various Designation

Philip Ives

Philip Ives

Team Member

Joe Reed

Joe Reed

CIO

James R. Puckett

CFO

Activity

Recent News
0