Passport raises $8 million to help cities offer pay-by-mobile parking, transit

Passport Inc. app Passport Inc. raised $8 million in a Series B round of funding to help cities make parking and transportation systems easier for people to use, and harder for them to abuse.
MK Capital led the investment in Passport, joined by Grotech Ventures and Relevance Capital. The new round brings Passport’s total capital raised to $17 million.
The Charlotte, North Carolina startup¬†provides the… Read More


GE Spotlights New Smart Street Lamps

Picture of highway showing movement and streetlights. GE has a new smart street light in early production, and it hopes that over time, cities and third-party developers¬†will begin to take advantage of the platform to build smart city apps. The light itself is a super-efficient LED that could last up to 20 years. Where it gets interesting is that GE is including a sensor pack with each bulb with capabilities such as video, light and weather… Read More

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