ParkMe To Provide Parking Data For Bing

Oct 21, 2014, 09:00 ET from ParkMe

SANTA MONICA, Calif., Oct. 21, 2014 /PRNewswire/ -- Today, ParkMe, the leading provider of real-time parking information has announced it will provide Microsoft Corp. parking data to be integrated into Bing.

"Bing's goal is to help people search less and get more done" said Stefan Weitz, Senior Director, Bing. "By delivering ParkMe's information into the Bing search experience, we aim to make it easier for people to get things done in the real-world faster."

ParkMe's information offers access to smart parking tools with the ability to seamlessly find nearby parking, check real time availability, and pre-pay for parking spaces across the globe. Additionally, ParkMe displays locations and parking information such as rates, hours of operation, occupancy, entry points and payment types.

Automakers and navigation providers continue to add smart parking technologies to new products. Parking intelligence has become a necessary enhancement to the navigation industry. This agreement is a parking industry milestone and establishes ParkMe as the leader in the dissemination of parking search and payment to users.

"With this partnership, we will make parking a more seamless and less stressful endeavor for millions of users," says ParkMe COO Alex Israel. "This is a significant milestone in ParkMe's evolution, as a partnership with Microsoft speaks to ParkMe's expansive global coverage and distribution."

About ParkMe
Based in Santa Monica, Calif., ParkMe is the leading provider of real-time parking information to navigation companies and consumers. Consumers can access ParkMe via GPS and in-car navigation systems, ParkMe.com, online widgets, iPhone, iPod Touch, iPad and Android apps. Founded by Sam Friedman and Alex Israel, ParkMe's mission is to make parking easier, faster and cheaper. The company collects and aggregates data about both on-street and off-street parking and has built the world's most comprehensive parking database. This includes more than 30,000 worldwide locations in more than 1,800 cities, 40 countries and seven continents. ParkMe can be found on the Web at ParkMe.com, on Twitter @ParkMe and on facebook.com/ParkMe ParkMe is 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.

CONTACT: Mark Braibanti, 703-599-7596

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