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March 22, 2012 06:12 pm GMT
Back in January BlablaCar, a European carpooling marketplace that connects any driver who has empty seats with paying passengers, raised $10 million in funding from Accel Partners and existing investors, taking it to $12.5 million. And today the startup is putting those funds to good use, rolling up other players. It's acquiring PostoinAuto.it, the largest car sharing site in Italy, in an all-share deal. BlablaCar's move into Italy follows a push into Spain and the UK.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/eap09wnNbCI/
Carpooling Marketplace Blablacar Acquires PostoinAuto To Drive Into Italy
Back in January BlablaCar, a European carpooling marketplace that connects any driver who has empty seats with paying passengers, raised $10 million in funding from Accel Partners and existing investors, taking it to $12.5 million. And today the startup is putting those funds to good use, rolling up other players. It's acquiring PostoinAuto.it, the largest car sharing site in Italy, in an all-share deal. BlablaCar's move into Italy follows a push into Spain and the UK.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/eap09wnNbCI/
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