Thursday, January 10, 2013

Streetline Pulls Up With $25M For Smart Parking Sensors, Data

Foster City-based Streetline said Thursday that it has raised $25M in a Series C funding round, which was led by True Ventures, and also included Citi and Qualcomm Ventures, along with Sutter Hill Ventures, RockPort Capital Partners, and Fontinalis Partners. The firm develops real time parking meter technology which are being used to capture real time occupancy data around the arrival and departure of a car in a parking spot. More information »