News: Portfolio 2005


Product Innovation, New Partnerships, and Expanding Coverage Also Mark First Quarter Milestones

Wayne, PA – May 2, 2005 -, Inc., the leading independent provider of traffic data and content, has secured a financing commitment for a minimum of $20 million. An initial $10 million has been funded by Washington D.C. based Columbia Partners L.L.C. Private Capital. This achievement was one of many in the first quarter of 2005. In addition, the company is pursuing an aggressive growth strategy for interactive and television solutions, and to support this strategy, has released new products and enhancements, signed new agreements with partners and clients, and expanded its geographic digital data coverage.