Online parking reservation firm raises £4m from equity fund
ParkCloud - an award-winning aggregator site which allows drivers to pre-book car park spaces online - has secured £4 m equity funding from Mercia Fund Managers.
The investment is the first following the first closing of Mercia Fund Managers’ £45.1m EV Growth II Fund in December 2017.
It will enable ParkCloud to further develop its parking reservation technology, build its management team and allow two of the original founders to exit.
Established in 2008, ParkCloud enables drivers to search, browse and pre-book parking s... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
