Pango Mobile Parking App Raises $6.5M

September 7, 2014 | The mobile parking application Pango raised $6.5 million in venture capital funding. While there are a number of mobile parking apps, Pango received its patent in 1997 and now hopes to expand to locations outside of Israel. The latest funding round was led by D.H. Rondor International. Pango was founded by Israeli Zion Harel and as mobile parking has become the norm, the company has made a point of differentiating itself from the competition by informing users when their parking session is about to expire. According to Pango President Neil Edwards, the money will be used to expand into other markets.