As 17.5 million passengers prepare to travel through the nation’s airports this Labor Day weekend, SpotHero, the largest place to buy and sell parking in North America, and The Parking Spot, the largest owner and operator of near-airport parking properties, today announced a preferred partnership to simplify airport parking and reduce travel stress at 23 airports nationwide. Airport travelers can now find, book and access parking at 35 of The Parking Spot’s 39 locations using the SpotHero mobile app or website with promotional pricing in time for Labor Day. The remaining locations will launch in the coming weeks.
Apervita, the leading platform for performance-based collaboration in healthcare, today announced that nationally-recognized healthcare technology veteran Kevin Hutchinson will become the company's next chief executive officer. The move comes on the heels of a merger between Apervita and Qcentive, which was announced earlier this month.
SpotHero, the digital parking leader, today announced $50 million in Series D funding led by Macquarie Capital, bringing SpotHero’s total funding to date to $118 million. Union Grove Venture Partners participated in the round, along with existing investors including Insight Venture Partners, Global Founders Capital, OCA Ventures, AutoTech Ventures and others. The new capital will be used to accelerate marketplace growth, expand the digital platform for the parking industry, strengthen partnerships with leading mobility companies, and deepen SpotHero’s technology stack to standardize and optimize access to parking throughout North America.
MATH Venture Partners (MATH), a Chicago-based, early-stage venture capital firm, is pleased to announce the addition of Josh Leavitt as its Chief Financial Officer. Josh will be responsible for overseeing the accounting, financial reporting, operations and administrative functions of the firm and the funds.
Built In, a platform connecting professionals with technology companies across the United States, announced today that it has raised $22 million in Series C funding. Updata Partners led the round, with participation from existing investors including MATH Venture Partners, which led Built In's previous two funding rounds. The company will use the funding to expand its national footprint, increase investments in its core product and further enhance opportunities for professional development in the technology industry.
ThinkCERCA, a recognized industry leader in critical thinking instruction and student reading and writing growth, today announced Walter Sherwood will join the company as its chief executive officer and a member of its board of directors. Eileen Murphy Buckley, ThinkCERCA's founder, will take on the role of chief learning officer and continue to serve on the company's board of directors. With this announcement, ThinkCERCA will build upon its success with district-wide implementations by adding Sherwood's deep experience with school districts and state education agencies.
Liveoak Technologies, an enterprise cloud company transforming virtual business, today announced that it closed an $8 million round of funding led by S3 Ventures, with participation from Seven Peaks Ventures, Wild Basin Investments, State Farm Ventures, Northwestern Mutual Future Ventures, and Broadhaven Capital Partners. The funds will be used to accelerate product development and global market expansion.