PIM Officially Launches ParkMe App

ParkMe (formerly Parking in Motion), the leading provider of parking information to drivers, navigation companies and smartphones, announced it has renamed its app, ParkMe, overhauled its design and added new functionality that directs drivers to the best available parking.  The ParkMe app, formerly named PIM, has been significantly streamlined and now includes proprietary technology that shows drivers the best parking locations around their destination based on cost and proximity. 
Rather than showing every possible location in a given area, ParkMe simplifies the process with 1-click and makes it much easier for a driver to find the optimal parking space. The app also has a new rate calculator feature, which automatically calculates the total price of parking based on the amount of time a driver would like to stay.

In addition, ParkMe announced it has expanded into the Austin market just in time for SXSW.  ParkMe is already available in more than 500 cities in the U.S., Canada and Europe. Within these cities, ParkMe covers all the municipalities public parking facilities and privately owned lots in the urban core.

ParkMe is currently available on the iPhone and iPad. To use ParkMe, drivers simply download the free app from the iTunes stores, enter the address of their destination and immediately gain access to the following features:

    * Instantaneous directions to the closest and cheapest place to park
    * Comprehensive, nationwide, off-street parking information, including rates, hours, payment types accepted and the entrance point of every lot
    * Easy access to detailed lot comparisons
    * Automatic calculations of the price of parking, based on the amount of time parked
    * In-app route guidance that directs you to the lot nearest your location
    * Coming soon: real-time off-street parking occupancy information
    * Coming soon: on- and off-street payment options directly in-app

Sam Friedman and Alex Israel founded ParkMe in 2009, with a simple mission, make parking easier.

Navigation is a great tool for motorists, but until now, parking was the missing piece of the puzzle though it is often the longest part of our journey, said Friedman, co-founder and CEO of ParkMe.  ParkMe saves drivers time, money and frustration but just as importantly, it helps to reduce traffic and lower green house gas emissions.  The other critical component of ParkMe is that its proprietary technology can be implemented in cities at no cost to the public and with no need for investments in new infrastructure.

About ParkMe

parkme.jpgBased in Los Angeles, ParkMe is the leading provider of parking information to navigation companies and smartphones.  Its mission is to make parking easier. ParkMe collects and aggregates data about both on-street and off-street parking and has built the worlds most comprehensive parking database. This includes more than 25,000 worldwide locations in more than 500 cities, 19 countries and 3 continents. ParkMes free app, ParkMe, helps drivers find parking in real-time from their smartphones.

ParkMe is backed by a highly respected group of investors, including Fontinalis Partners and IDG Ventures. Fontinalis Partners is a leading transportation technology strategic investment firm founded by Bill Ford, Ralph Booth, Mark Schulz, Chris Cheever and Chris Thomas. IDG Ventures is a global network of venture capital funds with approximately $5 billion under management and a portfolio of over 220 companies built over the last 15 years. 
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