Streetline Obtains $25,000,000 New Funding Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=45d7e56d-12d4-4299-90f4-ae47332842e6&Preview=1 - Date
4/9/2012 - Company Name
Streetline - Mailing Address
393 Vintage Park Dr Foster City, CA 94404 - Company Description
Streetline builds solutions to longstanding problems in city management and operations, through the customized design and application of new sensing technologies. Our parking management system offers cities the first real control and oversight of their complex inventory of on- and off-street spaces, and forms the backbone for other innovative sensing solutions that lower city costs and improve public services. - Website
http://www.streetlinenetworks.com - Transaction Type
Debt - Transaction Amount
$25,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
The financing will enable cities to acquire smart parking technology at no initial upfront cost—thereby facilitating adoption and deployment of the latest in parking advancements. - M&A Terms
- Venture Investor
Citi Ventures
