The former boyfriend of late singer Amy Winehouse was acquitted of raping a 27-year-old woman while she was sleeping at his London flat in the early hours of last New Year's Eve.
Traviss, 35, maintained that the pair had consensual sex after an evening out together. He admitted that they returned to his address equally drunk, but told the court they parted with a "big cuddle and a kiss" the following morning.
The film director closed his eyes and bowed his head upon hearing the verdict, before thanking Judge Deborah Taylor and hugging his family and friends, Sky News reports.
After the trial, Traviss was adamant the complaint should have been shot down after CCTV footage appeared to contradict his accuser's version of events.
The woman told investigating officers she was too drunk to stand on the evening in question, but security camera footage captured shortly before the pair returned to Traviss's apartment showed her walking unhindered.
"I am really relieved, really relieved it's all over. I never did it," he said. "The last nine months or however long has been crazy. It feels like anyone can make a complaint and end up having their day in court.
"Being impartial, that's fair enough and I think it is right. I can understand why it's like that but in reality a train starts running and in this case the person who made the complaint wasn't investigated, the police didn't know anything about her."
Traviss, who was dating Winehouse at the time of time of her death from alcohol poisoning in July 2011, added that he did not "for one minute" think the police, Crown Prosecution Service or the judge thought he was guilty.