Austin-based FlashParking raises $60 million for parking management technology

INSUBCONTINENT EXCLUSIVE:
FlashParking, an Austin-based developer of parking management software and services, has raised $60 million in new financing from the
cornerstone for a new kind of hub encompassing several different modes of transportation and autonomous or robotic vehicles
Medical Center alone and has 6 million customers using its services to pay for parking each month, bringing in around $1 billion in
transaction revenue, the company says.BofA Securities served as the financial advisor to FlashParking.