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.

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.

A massive opportunity for landlords to drive net operating income and improve tenant experience.