Fenwick & West LLP represented ParkMe, Inc., a comprehensive database and analytics software solution for on-street and off-street parking locations and availability, in its recently announced round of venture financing by Los Angeles-based private equity firm Angeleno Group. Other participants of the financing include existing investors Fontinalis Partners and IDG Ventures. As part of the investment, Daniel Weiss, Managing Partner and co-founder of Angeleno Group, has joined the ParkMe board of directors.
The company plans on utilizing the new funds to expand its international footprint and continue to grow its existing U.S. presence.
The Fenwick transaction team was led by corporate partners Mark Stevens and Bill Bromfield; and corporate associate Adam Andrews.