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July 26, 2012 01:11 pm GMT
The ridesharing-disruptive car service space in the U.S. is about to get a little more crowded: Carpooling.com, a ridesharing service out of Munich, Germany currently enabling million rides monthly, is today announcing a C-round of investment from carmaker Daimler, which it will be using to expand to the other side of the Atlantic starting in the fourth quarter of this year. Financial terms of the investment have not been disclosed but TechCrunch has heard from a reliable source that it is 8 million ($10 million).The deal makes Daimler a strategic investor in the company. Other existing investors include the European VC firm Earlybird, which has invested in the company's previous two rounds, as well as Carpooling.com's founders.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/83G-1zvTWM8/
Carpooling.com Picks Up $10M From Daimler To Take Its Ridesharing To The US: Let The Car Wars Commence!
The ridesharing-disruptive car service space in the U.S. is about to get a little more crowded: Carpooling.com, a ridesharing service out of Munich, Germany currently enabling million rides monthly, is today announcing a C-round of investment from carmaker Daimler, which it will be using to expand to the other side of the Atlantic starting in the fourth quarter of this year. Financial terms of the investment have not been disclosed but TechCrunch has heard from a reliable source that it is 8 million ($10 million).The deal makes Daimler a strategic investor in the company. Other existing investors include the European VC firm Earlybird, which has invested in the company's previous two rounds, as well as Carpooling.com's founders.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/83G-1zvTWM8/
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