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August 2, 2012 03:30 pm GMT

Parking Payment Startup QuickPay Raises $3.5M, Powerset Founder Barney Pell Becomes CEO

quickpayQuickPay, a startup that helps drivers find and pay for parking, has brought on a new CEO Barney Pell, the founder of semantic search company Powerset (which wasacquired by Microsoft in 2008 for a reported $100 million). It's also announcing$3.5 million in seed funding.Pell isn't exactly new to the company. He tells me he first met founder Carl Muirbook about a year ago in, yes, a parking lot in San Francisco's Mission District, where Muirbook was showing off his payment technology. Pell joined the company as executive chairman shortly after, and now he's stepping up his involvement. Muirbook, meanwhile, will continue to serve as QuickPay's president.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/h9IJeysrdwM/

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