At SXSW in Austin ParkMe launched to provide real-time parking data to visitors. It has now expanded to more than 500 markets over the past several months and has just announced an undisclosed chunk of funding.

ParkMe works by  leveraging information from municipal parking meters and private and public garages to help users search for and find nearby parking, both by availability and by price in real time.

Can’t wait for this to hope over to this side of the pond.

To hear more about the updated app or the new financing watch the video withParkMe CEO Sam Friedman below.

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