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September 21, 2011 03:30 pm GMT
Zimride, a service that makes it easy to find people to ride-share with, has raised a $6 million Series A funding round led by Mayfield Fund. This round brings Zimride's total funding to around $7.2 million, after a $1.2 million seed round last year that included Floodgate, K9 Ventures and Keith Rabois.Zimride's platform solves a common issue: helping people coordinate their carpools. It does so by helping people with spare seats and those looking to fill those seats get in touch with each other. Users also have the option of paying each other directly through the site.Zimride is currently used in 120 different networks, each of which connects users belonging to the same university of business. Through the platform, students and employees can can arrange to either carpool to work/class, or to coordinate one-off rides.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Y11gCyEVEW4/
Ride-Sharing Platform Zimride Raises $6 Million Series A
Zimride, a service that makes it easy to find people to ride-share with, has raised a $6 million Series A funding round led by Mayfield Fund. This round brings Zimride's total funding to around $7.2 million, after a $1.2 million seed round last year that included Floodgate, K9 Ventures and Keith Rabois.Zimride's platform solves a common issue: helping people coordinate their carpools. It does so by helping people with spare seats and those looking to fill those seats get in touch with each other. Users also have the option of paying each other directly through the site.Zimride is currently used in 120 different networks, each of which connects users belonging to the same university of business. Through the platform, students and employees can can arrange to either carpool to work/class, or to coordinate one-off rides.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Y11gCyEVEW4/
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