Parking app ParkWhiz has raised $24 million in Series C funding led by Baird Capital. The company provides a free app that enables drivers to find and book spaces at top parking facilities across the U.S. The new investment follows a $10 million financing in July 2014 that valued ParkWhiz at $27 million.
ParkWhiz has also announced its acquisition of New York-based BestParking. With the acquisition, ParkWhiz will have more than 4,000 parking locations and over 800,000 spaces in over 50 major cities across the U.S.