Business is really picking up here at Parker Technology and we’re excited to announce that we have raised another round of venture capital funding to help support our rapid growth.
Today we announce we’ve raised an additional $500,000 in cash from our existing investors. This pushes our total capital raised since our launch to $1.7M.
Parker Technology will use the funding to grow our sales force, improve supply chain reliability and expand to new markets. We are excited to be a growing technology player in the $40 billion parking industry and expect the funding will give us the resources and capital we need to mature the organization.
We have another exciting announcement coming tomorrow! Stay tuned!