Streetline Parks $15M Series B

San Francisco-based Streetline, a developer of "smart parking" systems used by cities, airports, and others to manage their parking garages and parking spaces, said today that it has raised $15M in a Series B financing. The round was led by Fontinalis Partners and RockPort Capital Partners, and also included Sutter Hill Ventures. Fontinalis Partners is the investment firm of William Clay Ford, Jr., executive chairman of the Ford Motor Company. Streetline is headed by Zia Yusuf. More information »