Streetline Raises $25 M of Series C Funding
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Foster City, California – Streetline, a developer of parking management and optimization software has raised $25 million of series C funding led by True Ventures and backed by Sutter Hill Ventures, RockPort Capital Partners, Fontinalis Partners, Citi and Qualcomm Ventures.
“Streetline is harnessing the power of the ‘Internet of Things’ to tackle one of the great unsolved urban problems: parking,” said Zia Yusuf, president and CEO of Streetline.
The series C funding is a continuation of the financing Streetline received from CITI which helped launched the parking systems and provides options for cities deploying smart parking solutions.
Funding Total: $25,000,000
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|Investors: True Ventures, Sutter Hill Ventures, RockPort Capital Partners, Fontinalis Partners, Citi, Qualcomm Ventures|