Rapid Flow Technologies
Pittsburgh
About Rapid Flow Technologies
Rapid Flow Technologies spun out of Carnegie Mellon University with the goal of introducing new Intelligent Transportation Systems (ITS) technologies into the marketplace. Rapid Flow was created to commercialize the Surtrac adaptive traffic signal control technology developed in the Robotics Institute at Carnegie Mellon as part of the Traffic21 research initiative. The company’s founders include the original inventors of Surtrac, who have successfully expanded the initial pilot deployment of Surtrac in Pittsburgh to a network of 50 intersections over the past three years. Rapid Flow holds an exclusive license to the patented Surtrac technology from Carnegie Mellon University, and the University has a stake in the company. In addition to Surtrac, Rapid Flow is also engaged in the development of ubiquitous Bluetooth AVI sensor network technology for ITS performance modeling and other applications through a Small Business Innovation Research (SBIR) grant from the U.S. Department of Transportation.
Company Facts
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Employees: 1 – 10
- Estimated revenue: $1K – $10K
- Total funding: $50.0K
- Funding stage: M&A
- Last round: Seed (Nov 2020)
- Website: rapidflowtech.com
- Phone: 412-301-5508
Industries & Categories
Internet of Things, Software, Transportation
Social Profiles
Canonical: https://fsome.com/organization/rapid-flow-technologies-2227499 · For the full interactive profile (charts, investors, team, acquisitions, press), please enable JavaScript.