AI-powered parking platform Metropolis today announced that it raised $1.7 billion to acquire SP Plus, a provider of parking facility management services, in a combination of equity and debt. Eldridge
Apple Maps launched a new parking feature that provides users with parking options and availability near a specific destination. In partnership with the digital parking reservation platform, SpotHero,
Metropolis, a startup building payment infrastructure for parking facilities, today announced that it raised $167 million in a Series B round co-led by 3L Capital and Assembly Ventures with participat
For Android users, this could be the end of parking tickets as we know them. At least, that’s the promise Google makes with its latest update. Google announced Thursday a slew of new features th
Parking can often feel almost laughably old-fashioned, with some lots still hiring an attendant to collect fees and check for valid tickets. Even when parking lot owners try to modernize — using
A review of the logs by TechCrunch found contact information, details of parking tickets and parking offenses, and some partial card payment numbers and expiry dates.
Sidewalk Labs, Alphabet’s urban innovation organization, has announced the launch of Pebble, a vehicle sensor that’s designed to help manage parking in cities by providing real-time parking and cu
The same frustrations have plagued urban roadways for decades. But technology is finally providing new ways to address the challenges of crowding, pollution and parking enforcement on city streets.
Metropolis is a new Los Angeles-based startup that’s looking to compete with BMW-owned ParkMobile for a slice of the automated parking lot management market. Upgrading parking with a computer vi
It seems like SoftBank and the Mubadala Corp. aren’t finished taking big swings at the commercial real estate business in the U.S. Even after the collapse of WeWork, the investors are doubling d
Ford, Bosch and Bedrock today announced an automated valet parking demonstration in downtown Detroit. This system is designed to allow drivers to exit a vehicle and the vehicle would park itself in th
FlashParking, an Austin-based developer of parking management software and services, has raised $60 million in new financing from the private equity investment firm L Catterton. The company’s so
The big new round of funding for Passport’s ticketing and parking management tech proves that software can even disrupt something as mundane and seemingly low-tech as the parking lot. The startu
On-demand parking app SpotHero wants to be ready for the day when autonomous vehicles are ubiquitous. Its strategy: target the human-driven car-sharing fleets today. The Chicago-based company, which h
In today’s installment of “the future is 100% subscription-based,” Toronto-based startup Rover is testing out subscriptions for its parking marketplace. Rover lets users list their u
We’ve reached a new milestone in the long road to getting AI-based self-driving systems to be truly autonomous. Daimler and Bosch have now received approval from German regulators to run their a
If you’ve ever had a parking ticket, there’s a good chance you know what “chalking” is. A federal appeals court ruled this week that marking car tires is unconstitutional, deem
SoftBank continues to invest in the future of transportation — this time in ParkJockey, a startup that has built a technology platform aimed at monetizing parking lots. And ParkJockey, which was fou
The latest data from Inrix paints a dismal picture for folks traveling Wednesday (that’s today!) ahead of the Thanksgiving holiday. Drivers in Boston, New York City and San Francisco will see th
ParkWhiz, a startup that’s something of an Open Table for available parking spots, is adding $5 million in new equity to its recently announced Series D round. The new funds come from strategic
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