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Today’s funding deals:
Pango Mobile Parking snares $6.5 million
Another car to park, another app to help you park it. Pango Mobile Parking, a parking-centric app whose patent was obtained, oddly, in 1997, raised $6.5 million in venture funding Friday. The startup, founded by entrepreneur Zion Harel in Israel, has global ambitions for the billion-dollar-plus parking industry and plans rapid expansion into U.S., European, and South American markets.
Pango Mobile Parking, another parking app, snares $6.5 million
Zirx raises $6.4M
Lyft, Uber, SideCar, and similar ride-sharing services are about making life a little easier for San Franciscans without cars. Now a new crop of companies are working to help folks with cars by handling the parking for them. Zirx, a parking service that’s been around for about five months, has been aggressively working to save San Franciscans from the misery of parking, and it’s now $6.4 million richer.
For $15, Zirx will take away all the pain of parking your car in San Francisco
Flywheel grabs $1.2M
Flywheel is a WordPress hosting and management service for designers, freelancers, and creative agencies. The Omaha, Neb.-based company helps eliminate the hassle of hosting and managing multiple client sites that these professionals encounter. Flywheel will use the money to build new features and services, including a bulk pricing offer for agencies. The company has raised $1.2 million in new funding, with Linseed Capital leading the round, and additional participation from Nebraska Angels, Ludlow Ventures, Lightbank, Hyde Park Venture Partners, and Rose Paul Ventures.
Read more on Flywheel’s blog.
Cignifi raises undisclosed amount of funding
In the developed world, financial institutions use credit history in order to assess a person’s creditworthiness and subsequently issue them financial products at personalized terms. Unfortunately, that’s difficult to do in emerging markets, where mobile phones are more prevalent than traditional credit history. Cignifi, a Cambridge, Mass.-based company, provides credit scores for people without traditional credit histories in order to enable them to get access to credit and banking services. Today, the company announced it has closed a second round of funding, of an undisclosed amount, led by eBay founder Pierre Omidyar’s investment firm with additional participation from American Express Ventures and others.
Read more on VentureBeat: Cignifi raises funding from to model credit scores for emerging market consumers
