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January 10, 2013 08:54 pm GMT

Streetline Raises $25M Round Led By True Ventures To Bring Real-Time Parking Data To Cities And Drivers

streetline parker"Smart parking" platformStreetline just announced that it has raised $25 million in Series C funding.The round was led by True Ventures, with participation from new investors Qualcomm Ventures and Citi, as well as past backers Sutter Hill Ventures, RockPort Capital Partners, and Fontinalis Partners. The company has now raised a total of $40 million, and it says it recently obtained a $25 million credit facility from Citi, too.

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