ParkMe

The leading global provider of real-time and static on-street and off-street parking data and the popular “ParkMe” consumer app, ParkMe was acquired by INRIX to round out the INRIX Parking offering. INRIX is a leader in improving urban mobility using big data, insights and technology. INRIX provides the highest quality and most comprehensive parking solution on the market, including more than 31 million spaces in over 90,000 worldwide locations, over 4,500 cities, 64 countries and seven continents. This information is available to automakers, municipalities, parking operators and businesses seeking to assist consumers or better manage and promote their parking operations. The ParkMe app is a free app for consumers, providing access valuable information that helps them easily find, compare, reserve and pay for parking, saving them time by allowing them to drive directly to the entrance and quickly park their car. ParkMe was acquired by INRIX on September 10th, 2015, and became a wholly owned subsidiary of INRIX. Prior to the acquisition, ParkMe was backed by a highly respected group of investors, including Fontinalis Partners, IDG Ventures and Angeleno Group. Fontinalis Partners is a leading transportation technology strategic investment firm founded by Bill Ford, Ralph Booth, Mark Schulz, Chris Cheever, and Chris Thomas. IDG Ventures is a global network of venture capital funds with approximately $5 billion under management and a portfolio of over 220 companies built over the last 15 years. Founded in 2001, Angeleno Group is a leading growth equity firm dedicated to investing in next generation energy and natural resources companies globally. Learn more about INRIX at: www.inrix.com