Metropolis Technologies ("Metropolis") has closed $1.8 Billion financing and completes transformational take-private of SP Plus Corporation.

Metropolis Technologies ("Metropolis") and SP Plus Corporation (Nasdaq:SP) ("SP+") today announced that they have entered into a definitive agreement under which Metropolis will acquire SP+.

TechCrunch: AI-powered parking platform Metropolis raises $1.7B to acquire SP Plus.

Built in LA: Metropolis Secures $1.7B Series C, Announces $1.5B Acquisition of SP Plus

Los Angeles Times: Metropolis Technologies, Inc. to Acquire SP Plus Corporation for $1.5 Billion

Crunchbase: Checkout-free parking startup Metropolis will take logistics firm SP Plus private in the biggest M&A transaction of the year by a VC-backed company

E-commerce is integrating into daily routines not directly associated with online shopping, leading to a significant burst of interest in e-commerce-like systems for the built environment.

Metropolis Technologies makes CRN’s list.

Among LA’s rising tech stars? Metropolis Technologies.

The artificial intelligence and computer vision company recently affirmed its continued ascent by announcing a $167 million round of Series B funding, backed by 3L Capital and Assembly Ventures.

By bringing urban mobility infrastructure online, we are knitting disconnected parts of the everyday journey into a remarkable experience: one commute, one morning coffee, one grocery run at a time. Together, we have an unprecedented opportunity to reshape the way people experience their cities.

Metropolis, a startup building payment infrastructure for parking facilities, today announced that it raised $167 million in a Series B round co-led by 3L Capital and Assembly Ventures with participation from Dragoneer, Eldridge Industries, Silver Lake Waterman, UP Partners and former deputy mayor of New York Dan Doctoroff.