As featured in the Wall Street Journal, USA Today, Wired and on CNN, Fox, and NBC, Streetline, Inc. is the leading provider of smart parking solutions to cities, garages, airports, universities and other private parking providers. Streetline aims to make smart cities a reality through the use of sensor-enabled mobile and web applications.
With the introduction of Parker™, the first real-time parking guidance application for smartphones and in-car navigation systems, Streetline enables drivers to find parking quickly and easily. Experts estimate that 30% of urban traffic is caused by motorists looking for parking. Additionally, vehicle emissions and drivers looking for parking are so closely linked that a yearlong study found that drivers in a fifteen block district in Los Angeles drove in excess of 950,000 miles searching for a space and produced 730 tons of carbon dioxide. By connecting the real world with critical information, Streetline is revolutionizing the way we live and work, while making cities more efficient and lessening their environmental impact.
Streetline is a privately held company headquartered in Foster City, Calif. The primary investors are Sutter Hill Ventures, RockPort Capital Partners, Fontinalis Partners (co-founded by Ford Motor Company Chairman Bill Ford), True Ventures, Citi, and Qualcomm Incorporated, acting through its venture investment group, Qualcomm Ventures.
Streetline has recorded more than 250 million parking events and has real-time smart parking deployments in the United States, Canada, and Europe.
Streetline was named one of Fast Company’s 10 Most Innovative Companies in Transportation, as well as IBM Global Entrepreneur of the Year. In October 2012, Streetline was named a finalist for the prestigious 2012 World Technology Awards.