Parking technology and services provider ParkJockey has received an undisclosed amount from SoftBank at a reported billion-dollar valuation.
Telecommunications and internet group SoftBank confirmed yesterday it has invested an undisclosed amount in US-based parking technology provider ParkJockey, at a valuation reported by TechCrunch to be $1bn.
The deal came days after reports that SoftBank was in line to lead a funding round for the company sized between $800m and $1bn.
ParkJockey has created an app-based system that allows users to book parking spots in advance, working with local business and venue owners who can access data on parking…
