AirGarage, a full-stack parking operator, raises $12.5M in round led by a16z

Parking can often feel almost laughably old-fashioned, with some lots still hiring an attendant to collect fees and check for valid tickets. Even when parking lot owners try to modernize — using an app, for example, or a credit card machine to take payment — they must deal with a whole array of providers to manage hardware, payment processing and marketing, all separately.