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December 15, 2011 03:49 am GMT
Buying a car doesn't have to be such a nightmare, after all.That's the promise of CarWoo, a startup that looks to take the stressful negotiation tactics and pushy salespeople out of the equation, allowing consumers to buy their car online with a relatively small amount of hassle. Today the company is announcing that it's closed a new $6 million funding round led by Interwest Partners, Comcast Ventures, Blumberg Capital, and RaymondTonsing. The company has now raised over $12 million in total, after a $6 million round last year (it was also part of the Y Combinator class of summer 2009).In conjunction with the news, the company is announcing that it's landed a new COO: Rudi Thun, who was previously the GM of AOL Autos, the fourth biggest online car site (Disclosure: TechCrunch is owned by AOL). This is a significant hire for the team, as the core team of founders didn't actually have any experience with cars when they first started the company. They say that's served them well up until now, but it was time to bring someone onboard with extensive experience in the space.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ZUjkLDbwYk8/
CarWoo Raises $6 Million To Spare You The Car Dealership Blues
Buying a car doesn't have to be such a nightmare, after all.That's the promise of CarWoo, a startup that looks to take the stressful negotiation tactics and pushy salespeople out of the equation, allowing consumers to buy their car online with a relatively small amount of hassle. Today the company is announcing that it's closed a new $6 million funding round led by Interwest Partners, Comcast Ventures, Blumberg Capital, and RaymondTonsing. The company has now raised over $12 million in total, after a $6 million round last year (it was also part of the Y Combinator class of summer 2009).In conjunction with the news, the company is announcing that it's landed a new COO: Rudi Thun, who was previously the GM of AOL Autos, the fourth biggest online car site (Disclosure: TechCrunch is owned by AOL). This is a significant hire for the team, as the core team of founders didn't actually have any experience with cars when they first started the company. They say that's served them well up until now, but it was time to bring someone onboard with extensive experience in the space.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ZUjkLDbwYk8/
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