Parkifi, a Denver, CO-based real-time parking spot occupancy platform, raised an additional $2m in funding.
Backers included Simon Property Group, Texas real estate developer Howard Hughes Corporation and Camber Creek.
The company intends to use the funds to continue to grow and deploy to more customers.
Launched in 2014 by Ryan Sullivan, CEO and Co-Founder, Parkifi provides real-time occupancy and analytical data tailored for parking and property management. The sensor technology provides spot-by-spot data and turnover data, violation alerts, dynamic pricing notifications, occupancy averages and pricing optimization trends that inform parking managers of key data that can be immediately used to run businesses and cities more efficiently.
Sensors are currently installed in garages and surface lots in the cities of Denver and Boulder, CO as well as Orange County, CA, and Knoxville, TN.
04/05/2015: Parkifi Raises $2M in Venture Capital Funding