According to Crain's Business, ParkWhiz a startup that provides a mobile app for parking in garages and near sports stadiums, raised $10 million in venture funding.

The investment was led by Chicago-based venture fund Jump Capital. Other investors include Hyde Park Venture Partners; Hyde Park Angels; Amreesh Modi, former Navteq Corp. chief technology officer; Reddit co-founder Alexis Ohanian, and Henry Feinberg, former partner at Technology Crossover Ventures.

ParkWhiz is the number one place to find and book a guaranteed parking space before you reach your destination. In addition, ParkWhiz creates software to help parking owners manage and market their parking using the ParkWhiz website, mobile apps, and data APIs. Founded by Aashish Dalal and Jon Thornton in 2006, ParkWhiz was formed out of the founders' frustration over finding a decent parking spot at a ballgame. Between the parking lots, garages, and driveway owners renting out space, there were plenty of places to park, but no way to know which had open spaces or how much they cost. There had to be a better way than driving around aimlessly searching for a spot.