LA-based Metropolis raises $41 million to upgrade parking infrastructure
https://techcrunch.com/2021/02/16/la-based-metropolis-raises-41-million-to-upgrade-parking-infrastructure/
Metropolis is a new Los Angeles-based startup that’s looking to compete with BMW-owned ParkMobile for a slice of the automated parking lot management market.
Upgrading ParkMobile’s license plate-based service with a computer vision based system that recognizes cars as they enter and leave garages has been Metropolis’ mission since founder and chief executive Alex Israel first formed the business back in 2017.