Press Release: Parknav to Pitch as Finalist for SXSW Accelerator Competition
Parknav will showcase its innovative real-time on-street parking solution in the enterprise and smart data category
Chicago, Illinois – March 10, 2016 – Parknav, the global leader in real-time on-street parking availability data, will be pitching on March 12th, 2016 as a finalist in the Enterprise and Smart Data category for the eighth annual SXSW Accelerator competition. The accelerator, presented by 24/7 Intouch, is the marquee event of SXSW Interactive Festival’s Startup Village, where leading startups from around the world showcase some of the most impressive new tech innovations to a panel of hand-picked judges and a live audience. Out of the more than 470 companies who applied to present at SXSW Accelerator, Parknav was selected as 1 out of 48 finalists in six different categories.
The two-day event will be held the first weekend of SXSW Interactive, Saturday, March 12 through Sunday, March 13, on the fourth floor of the Downtown Austin Hilton. The pitch competition will then culminate with the SXSW Accelerator Awards Ceremony on Sunday evening, March 13, where winning startups from each category will be announced and honored. The Accelerator competition will feature finalists across the following six categories: Enterprise and Smart Data Technologies, Entertainment and Content Technologies, Health and Wearable Technologies, Innovative World Technologies, Payment and Fintech Technologies and Virtual Reality Technologies. The 2016 SXSW Accelerator Category Sponsors are Brother (Innovative World Sponsor) and Allscripts (Health and Wearables Sponsor), with Prezi serving as the official presentation platform for the competition.
Parknav will be presenting alongside seven other companies in the Enterprise and Smart Data category at 1:00pm CT on March 12th.
“We are very excited to showcase Parknav’s innovative on-street parking solution at SXSW,” says Eyal Amir, CEO at Parknav. “SXSW has been one of the leading global platforms for new technologies and we are proud to be a finalist pitching on stage.”
Parknav is also a graduate of the 2015 Microsoft Ventures Accelerator in Seattle. .
“In the past seven years we have seen some of the most innovative startups compete in SXSW Accelerator. They have caught the eye of investors and leading technology companies, as more than 65 percent have gone on to receive funding in excess of $2.6 billion and 13 percent of the companies have been acquired,” says SXSW Accelerator Event Producer, Chris Valentine. “Of the more than 470 companies that applied this year, we’ve narrowed the field to 48 finalists. The SXSW Accelerator is without a doubt the place to witness the most innovative startups pitch their ideas for solving some of today’s most challenging problems through technology.”
For more information about SXSW Accelerator and to view the complete list of finalists, visit the following site: http://www.sxsw.com/interactive/awards/accelerator.
Founded in 2009, Parknav has revolutionized the real-time on-street parking availability industry with its innovative, highly accurate and scalable data-based solution. Its solution works 24/7 for all streets in a city, covers all types of on-street parking (including free, metered, and permit parking), and has an accuracy that surpasses 80%. Currently, Parknav has over 1.5 billion recorded parking events and is available in the U.S and Germany.
Parknav and its employees are committed to providing drivers with the safest and most advanced driving experience when searching for parking in today’s metropolitan areas.
About SXSW Interactive
The 23rd annual SXSW Interactive Festival returns to Austin from Friday, March 11 through Tuesday, March 15. An incubator of cutting-edge technologies and digital creativity, the 2016 event features five days of compelling presentations and panels from the brightest minds in emerging technology, scores of exciting networking events hosted by industry leaders and an unbeatable lineup of special programs showcasing the best new websites, video games and startup ideas the community has to offer. From hands-on training to big-picture analysis of the future, SXSW Interactive has become the place to discover the technology of tomorrow today. Join us in March 2016 for the sessions, the networking, the special events, the 18th Annual SXSW Interactive Innovation Awards, SXSW Accelerator®, the SXSW Gaming Expo, the SXSW Trade Show, the SX Health & MedTech Expo, SX Create,The Job Market, cross-industry conversations with attendees from SXSW Film and SXSW Music, and, most of all, the unforgettable inspirational experiences that only SXSW can deliver.
SXSW Interactive 2016 is sponsored by Esurance, Mazda, Monster Energy, Capital One, Bud Light, Deloitte Digital, McDonald’s, Ten-X and The Austin Chronicle.
SXSW Interactive Press + Publicity