Streetline Picks Up $15M

Streetline Networks, the San Francisco-based maker of mobile applications that help drivers find open parking spots, said today that it has raised $15 million in Series B financing. The round was led by Fontinalis Partners and Rockport Capital Partners, with existing backer Sutter Hill Ventures also contributing. Streetline said it would use the funds to expand its suite of smart parking technologies, which Xconomy described in a December profile.

Wade Roush is a freelance science and technology journalist and the producer and host of the podcast Soonish. Follow @soonishpodcast

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