Category: dick costolo

LA-based Metropolis raises $41 million to upgrade parking infrastructure

Metropolis is a new Los Angeles-based startup that’s looking to compete with BMW-owned ParkMobile for a slice of the automated parking lot management market. Upgrading ParkMobile’s license plate-based service with a computer vision based system that recognizes cars as they enter and leave garages has been Metropolis’ mission since founder…

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01 Advisors, the venture firm of Dick Costolo and Adam Bain, has closed fund two with $325 million

Dick Costolo and Adam Bain, renowned early Twitter execs who served as the company’s CEO and its chief operating officer, respectively, have quietly closed a second venture fund just one-and-a-half years after disclosing they’d secured $135 million for a debut fund for their firm, 01 Advisors. According to an SEC…

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