Traffic.com's
ORG
Traffic.com's Traffic.com
Traffic.com, which provides information about local traffic conditions to radio and TV stations and directly to consumers, raised $78.6 million through an auction led by Hambrecht. Traffic.com sold 6.55 million shares for $12 each and they have barely moved up or down since. The absence of pop did not seem to bother Traffic.com's chief executive, Robert N. Verratti.