Passport, a US-based company specialising in parking and ticketing apps, raised $8 million in funding, as it looks to expand into new domestic and international markets.

The company’s total funding is $17 million.

Passport’s product line is focused on parking payments, enforcement and permit management. Its services have been adopted by more than 20 cities in North America and in around 2,000 locations.

The company said it provides real-time insights that it believes are “not attainable through existing infrastructure”. It partners with 250 clients, helping them support two million community users.

“The additional capital will enable us to accelerate our company’s growth and expand our team to support our product roadmap and serve our clients’ needs. Our enterprise platform is striking a chord with the market as they look to bring technology into their operations and drive efficiency,” said Bob Youakim, CEO.

The round was led by MK Capital with participation from existing investors Grotech Ventures and Relevance Capital.

Passport’s technology is used in large cities such as Chicago and Toronto as well as smaller communities, helping clients manage all aspects of their parking operation. In addition, end-users receive “highly rated mobile apps to pay for parking sessions and transit tickets”.