Anagog Raises Angel Funding

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Anagog, a Tel Aviv, Israel-based smart parking company, raised an undisclosed amount of funding.

Backers included a group of angel investors and entrepreneurs including Yos Shiran, CEO of Ceaserstone, Dan Vilensky, Former Chairman of Applied Materials Israel and Avi Shechter, former Vice President of AOL.

The company intends to use the funds to accelerate the world-wide adoption of its real-time smart parking solution.

Founded by Gil Levy and Yaron Aizenbud, Anagog operates a platform that crowd sources real-time parking information providing drivers with visibility into available street parking. The company partners with driving, navigation, parking companies and developers who implement its CrowdPark™ SDK. The technology leverages the mobile’ device’s native sensors to anticipate soon-to-be empty parking spots and provide a map of current vacant parking spots.

CrowdPark™ is now rolling out to drivers through the Milgam Cellular Parking Ltd’s, Pango’s parking payment service.

FinSMEs

08/12/2014

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