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Zag Raises $11.1M More

socalTECH

Source and details on the funding have not yet been announced by the company. Zag is developing auto buying and configuration software used by groups such as the AAA, USAA, Overstock.com, and other groups to provide their members with pre-negotiated fleet and group rates on new automobiles. READ MORE>>.

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This Week in VC with Farb Nivi, Founder of Grockit

Both Sides of the Table

Current round: $3mm in Series B by betaworks (lead)(largest investor in company), Ron Conway, Danny Rimer, Accelerator Group, Roger Ehrenberg, Howard Lindzon. Discussion: Had a long chat about PicClick , a company founded by Ryan Sit in San Diego. Company still in beta. Founded in 2009 in Los Angeles by Michelle Crames.

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This Week in VC with Om Malik & Paul Jozefak

Both Sides of the Table

Online social game network; make their own games (FarmVille, Mafia Wars, FrontierVille) in addition to allowing third-party developers to access network. Self-reported 60mm daily unique as of Dec 2009, games played by 250mm people a month (AppData). Current round: $5.0mm in Series A by NEA and Anthem Venture Partners.