QuickPay Raises $3.5m Seed Funding
QuickPay Corp., a Menlo Park, CA-based provider of unified mobile parking technology, has raised a $3.5m seed funding.
Backers include Fontinalis Partners, Andreessen Horowitz, Advanced Technology Ventures, Accelerator Venture Partners, David Jeske, Alfred Mandel, Louis Monier, Matt Ocko, Lior Ron, Ofer Ronen, and Ben Smith IV.
The company intends to use the funding to expand the sales and engineering teams and further build out the product to launch in new cities.
Founded in 2010 and led by newly appointed Barney Pell, QuickPay provides a cloud-based mobile parking access and revenue control system that integrates with any legacy parking infrastructure, enabling parking and transit owners and operators to unify their assets under a single mobile payment platform. The company also offers mobile apps that enable users to find, access, and pay for parking.
QuickPay has just expanded its QP QuickPay(TM) product, which previously supported mobile parking in unattended and attended parking lots and garages, to support off-street gated facilities.