{"id":3692,"date":"2012-09-19T14:55:00","date_gmt":"2012-09-19T14:55:00","guid":{"rendered":"http:\/\/cloudnewsdaily.com\/?guid=206906e73eb16980aaa84e1f9764509f"},"modified":"2012-09-19T14:55:00","modified_gmt":"2012-09-19T14:55:00","slug":"flash-valet-gets-1-25-million-for-valet-parking-technology","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/flash-valet-gets-1-25-million-for-valet-parking-technology\/","title":{"rendered":"Flash Valet Gets $1.25 Million for Valet Parking Technology"},"content":{"rendered":"<\/p>\n

Flash Valet, maker of cloud-based software that streamlines operations for parking providers, announced today it has secured a $1.25 million Series A round of funding. Led by Trellis Partners, with equal participation from Austin Ventures, G51 Capital, and 186K Ventures, the capital commitment will be used to support development and expansion of the parking technology into new markets. <\/span><\/p>\n

\u201cThe team at Flash Valet has created an unrivaled value proposition for their customers \u2013 best-of-breed technology at a fraction of the price of other solutions,\u201d said Alex Broeker, chairman of the board, Flash Valet. \u201cThe size of the parking industry is enormous and has been largely bypassed by cloud-based mobile solutions until now.\u201d<\/p>\n

Flash Valet gives parking providers the freedom to operate away from cash registers and paper tickets by channeling communications and payment through something we have on us all the time \u2013 our mobile phones. Through Flash Valet\u2019s cloud-based system, valet parking providers can track vehicles in real time to control and boost their revenue, manage employee time and attendance (including payroll integration), accept credit cards at the curb and through mobile payments, and more (full list of features available here) \u2013 all from one vendor. Parking companies get real-time visibility into their business from their phone or any browser, and with limited upfront investment.<\/p>\n

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Flash Valet has grown rapidly and now is available in over 50 locations in 13 cities in hotels, condos, restaurants and bars, hospitals, airports, arenas and shopping malls. That number is expected to more than triple over the next two quarters.<\/p>\n

Jordan Baer, director of emerging technologies at AmeriPark, said: \u201cHaving worked in the parking industry for 11 years, Flash Valet is the first solution we\u2019ve used that constantly adapts to our needs and makes us more efficient. It\u2019s quick and easy for our employees to use, and our customers love that they can text for their car and pay with their phone. We expect to continue rolling out Flash Valet\u2019s products throughout our organization. After all these years, it\u2019s exactly what we\u2019ve been looking for.\u201d<\/p>\n

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$1.25M Will Support Rapid Market Expansion AUSTIN, Texas–(BUSINESS WIRE)–Flash Valet, maker of cloud-based software that streamlines operations for parking providers, announced today it has secured a $1.25 million Series A …<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[954,955,956,957,958,959,303],"tags":[],"class_list":["post-3692","post","type-post","status-publish","format-standard","hentry","category-austin-ventures","category-parking","category-traffic-control","category-transportation-and-logistics","category-trellis-partners","category-valet-parking","category-venture-funding"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/3692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=3692"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/3692\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=3692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=3692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=3692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}