socalTECH
JUNE 15, 2010
Santa Monica-based Zag , the online auto buying software firm headed by Scott Painter, has raised $11.1M Source and details on the funding have not yet been announced by the company. Zag said in March that it had sold 100,000 cars, and has been profitable since August of 2009. Tags: automotive venture capital auto.
socalTECH
SEPTEMBER 10, 2008
Santa Monica-based Zag, the online car buying software firm headed by former CarsDirect CEO Scott Painter, has spun out a new company called TrueCar, the firm said late Wednesday. All of the venture funders in TrueCar are investors in Zag, and amount of the investment was not disclosed.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Both Sides of the Table
JULY 1, 2010
He calls it his “Tom Sawyer&# company. Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. Scott left the company, which eventually IPO’d and became Internet Brands. And it carries no inventory. a fbFund winner.
socalTECH
JANUARY 22, 2009
Santa Monica-based Zag , which has developed an automobile configuration and buying service for affinity organizations like credit unions and automobile organizations, has a funding round of undisclosed size. The spokesperson for Zag said that the firm is "not quite ready to make that announcement" and would not releas details until later.
socalTECH
JANUARY 22, 2009
Santa Monica-based Zag , which has developed an automobile configuration and buying service for affinity organizations like credit unions and automobile organizations, has raised around $32.4M A spokesperson for Zag told socalTECH that a round had closed, but would not confirm the investors or details of the round. in a funding round.
socalTECH
DECEMBER 30, 2010
This morning, we're sharing the insights of Greg Martin , a venture capitalist at Archer Venture Capital. I left a great firm, Redpoint Ventures (after 11 years), to start a new firm, Archer Venture Capital. These companies have all experienced growth and we're expecting substantial value creation in 2011.
Both Sides of the Table
MARCH 17, 2010
I was recently interviewed for an article that appeared in Fast Company titled, “ Why you should start a business in LA.&# If you’re interested in the topic it’s worth a read, but I thought I’d elaborate on the topic since it comes up all the time. But we have a great city for building technology companies.
Expert insights. Personalized for you.
154 
Let's personalize your content