Streetline Obtains $25,000,000 New Funding Round

  • Feed Type
  • 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