Wednesday, March 4, 2015

Luxe Gets $20M For Valet Parking

San Francisco-based Luxe, the smartphone driven luxury valet parking service, said Tuesday that it has raised $20M more in funding, as part of a Series A funding round. The new funding came from Venrock, Redpoint, Lightspeed Venture Partners, Data Collective and BoxGroup as well as angels Dave Morin, Mark & Ali Pincus, Gary Vaynerchuk, Gil Penchina, Rick Marini, Fritz Lanman and Jason Kilar. The company said the funding will go towards national expansion to Boston, Chicago and Seattle. The company already offers up its service in San Francisco and Los Angeles.