Disqus
Parkmobile, which we’ve covered for quite a few times in the past, has closed a $6.3 million financing led by its current investors BCD Holdings, Parkmobile Group, Fontinalis Partners and Bluefield Investments. The company plans to use the new cash to build on its considerable momentum to date and further increase its leading global position.
As you probably know, Parkmobile’s mobile payment system allows motorists to pay for parking through an application on their mobile phone, eliminating the need to carry change, predict their length of stay and continually feed the meter. The company provides its service in more than 400 cities, universities, commercial and transit locations worldwide. For instance, Parkmobile is widely available in such cities as Washington D.C., Los Angeles, Indianapolis and Houston.
More than 1 million members have signed up for Parkmobile in the U.S. of which 700,000 members have downloaded the company’s apps, making it the most widely used mobile payment solution in the parking industry.
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
Related Apps
Parkmobile provides a new and better way to pay for parking using your cell phone. With Parkmobiles mobile app, starting your parking transaction takes just a few seconds. If youre driving a different…Read More »
