Wayzata-Based MPS Is Raising $5.5m For IoT Parking Systems


Wayzata-based Municipal Parking Services (MPS) is raising $5.5m with $275k closed according to this fresh SEC disclosure document.

The company’s Sentry Meter product is designed for streets, garages, lots and ramps to “revolutionize the parking experience” with customizable broadcasting, emergency alerts, targeted advertising, and POS integration — among other features.