Wednesday, February 20, 2013
ParkMe Wins Parking Services Firm
Santa Monica-based ParkMe, the startup which is developing parking information services and apps, reported today that it has entered into a partnership with ABM Parking Services, and will launch and power ABM's mobile app. Financial impact of the win were not disclosed. ParkMe said that the new app will provide parking information, including real-time occupancy and reates, for bnearly 2,000 ABM parking facilities. The companies said that ABM Parking Services is one of the largest operators of parking facilities in the U.S., with over $4 billion in revenues.
ParkMe, which is backed by Fontinalis Partners, IDG Ventures, and Angeleno Group, develops mobile parking applications, available both through its own brand and white-labeled for others. ParkMe just announced a new funding round in January.