Company partners with BMW to expand parking solutions in US

Parkmobile, an Atlanta-based digital parking solutions provider, has announced a partnership with BMW in an effort to expand its services countrywide.

The company, which created an app being used in the city of Atlanta through ATLPlus, a vendor contracted last year to provide parking in downtown Atlanta, enables drivers to find, pay for and reserve parking within the city ahead of time.

The Parkmobile app also provides drivers the option to extend parking times, through its mobile app, to avoid being ticketed of having their vehicles towed.

Under the new partnership whose terms remain undisclosed, BMW will provide additional capital to support product innovation and accelerate Parkmobile’s growth within the nation.

Parkmobile CEO Jon Ziglar said with both companies invested in mobility services, Parkmobile stands to expand its services beyond the 1 million spots the company currently owns nationwide.

“This new investment by BMW Group clearly validates our leadership position in the industry and our future growth potential,” said Ziglar.

Parkmobile’s app is seen as a means to minimize congestion in big cities where congestion is rampant, especially during big ticket events such as sporting events and concerts.

The company has processed over 50 million parking transactions nationwide through the app with the technology in use at 3,000 locations nationwide.

In Georgia, the company has 20,000 parking spots across metro Atlanta, Decatur and Rome.

BMW’s Vice president of mobility Services Bernhard Blaettel said with the partnership Parkmobile will be able to expand its services into more cities nationwide allowing drivers access to its services, helping minimize traffic congestion.

BMW has also begun deploying Parkmobile’s technology in its new fleet of vehicles.

“It perfectly complements our portfolio of innovative mobility services,” Blaettel said of the Parkmobile’s technology.

Last year, Parkmobile expanded into 75 new cities in North America, including New York, Philadelphia and Phoenix.

Parkmobile, recently named by Deloitte as one of the fastest growing technology companies in the US has 8 million registered users.

BMW which has since 2014 held minority shares in the company is now the sole investor in Parkmobile.

Reader Comments ...

Next Up in Local

Nursing home workers arrested in death of WWII veteran
Nursing home workers arrested in death of WWII veteran

Three nursing home employees who were charged in the death of a World War II veteran in their care four years ago are in custody, a DeKalb County sheriff’s spokeswoman said Saturday. Loyce Pickquet Agyeman, 63, was arrested at her Snellville residence Friday, spokeswoman Cynthia Williams said. Agyeman, a licensed nurse practitioner, was...
Perilous times for historically black colleges
Perilous times for historically black colleges

Two years ago, Amelia Smith received the one thing she thought she always wanted – a blue envelope from Spelman College. She had been accepted to what many consider the finest black college in America. Her grandmother went to Spelman. So did her mother. And her aunt. And her sister, who’s a senior there now. So Smith wasn’t surprised...
Another record high set; rain on the way
Another record high set; rain on the way

Today: Clouds and sun. High: 79 Tonight: More clouds. Low: 62 Tomorrow: Rain. High: 70 The weather Saturday in metro Atlanta broke new ground again. The temp hit 79, just passing the mark of 78 set last year,  Channel 2 Action News meteorologist Katie Walls said. The 79 reading is 20 degrees above the average temp for this date. Rain is expected...
Red Cross says 21 staffers paid for sexual service in past 3 years
Red Cross says 21 staffers paid for sexual service in past 3 years

A member of the International Committee of the Red Cross said that in the past three years, 21 staff members have resigned or were fired for “paying for sexual services,” CNN reported. Two other staff members suspected of sexual misconduct also did not have their contracts renewed, according to Yves Daccord, director general of the...
Delta ending discount for NRA members
Delta ending discount for NRA members

Delta Air Lines announced Saturday it is ending a discount for National Rifle Association members. Atlanta-based Delta said it is ending its contract for discounted rates through the airline’s group travel program. “We will be requesting that the NRA remove our information from its website,” Delta said in a written statement. The...
More Stories