Parking Network - Cleverciti Secures $5.6 Million in A+ Funding Round Led by SPDG Ventures

Cleverciti, the German and US scale-up that is leading the smart parking revolution, announced today it has raised $5.6 million USD in an A+ funding round. All existing institutional investors participated in the round led by SPDG Ventures, including The Westly Group, EnBW New Ventures (ENV), and KfW. The investment brings Cleverciti’s total funding since 2015 to $28.3 million and will help the company expand its sales and marketing activities as well as accelerate deployment of its parking Solution as a Service (SaaS).