(Yicai Global) March 5 -- The smart parking system provider eBopark obtained CNY20 million (USD3.2 million) investment to expand its market and provide smart solutions and value-added services to users, news site 36Kr reported. The new fund comes at a time as China's increasing number of car owners search for easy solutions to parking problems.

The Chengdu-based eBopark will cooperate with its investor Sichuan Zhongxin Asset Management Co. in toll roads and bridges, engineering construction, urban operation, energy and cultural media, the company said in a statement.

Established in 2015, eBopark engages in providing integrated urban smart parking solutions including unmanned parking lots, self-service parking, parking guidance, reverse search car system and on-road parking, while rolling out its Cloud parking services and parking management software as a service, or SaaS.

eBopark serves customers in nearly 20 major cities in China and provides hundreds of thousands of public parking spaces. The company also owns dozens of invention patents.