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TrueCar Scoops Up $30M From Vulcan Capital

socalTECH

Santa Monica-based online car buying technology provider TrueCar said this morning that it has raised $30M in a new round of funding, from Vulcan Capital, the venture funding arm of Microsoft co-founder Paul Allen. As part of the funding, Abhishek Agrawal has joined TrueCar''s board of directors.

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Upfront Ventures Raised New $280 Million Fund

Both Sides of the Table

We’ve been dying to tell you all for a while that we had raised a new venture capital fund and of course given SEC filing requirements the story was somewhat already scooped by the always-in-the-know Dan Primack a few weeks ago. If you want to understand how the VC industry is changing there is a great primer in the link.

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TrueCar Raises $200M, Acquires Firm

socalTECH

Santa Monica-based TrueCar , the automotive pricing website headed by Scott Painter, said this morning that it has raised $200M in new debt and equity financing, plus acquired a company. TrueCar said the financng round included USAA, Capricorn Investment Group and GRP Partners, all existing investors in the firm.

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NXCR, Led By Scott Painter, Scores $30M In Seed Funding

socalTECH

Los Angeles-based NXCR, a new, subscription car startup led by automotive startup veteran Scott Painter, has raised $30M in a seed funding, based on an internal employee email obtained by socaltech. According to the email from Painter, the funding is the company's first external equity financing.

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Upfront Ventures Raises New Fund Worth $280M

socalTECH

Los Angeles-based venture capital investment firm Upfront Ventures announced this morning that it has raised a fifth fund, worth $280M. The new fund is being managed by full time investment partners Greg Bettinelli, Steven Dietz, Kara Nortman, Yves Sisteron and Mark Suster, along with Venture Partner Hamet Watt.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

The consumer product they’ve created is called TrueCar. But more importantly we talked in the video about fund raising and how Scott has become so efficient at it. -Palantir’s products are used for integrating, visualizing, and analyzing multiple large datasets. Tags: This Week in Venture Capital.

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GRP Partners Hits $148.6M In New Fund, GRP IV

socalTECH

GRP Partners , the venture capital firm managed by Steven Dietz, Brian McLoughlin, Yves Sisteron, and Mark Suster, seems to be making good progress on its newest fund, GRP IV, according to a regulatory filing from the firm filed Wednesday. in committments for the $200M fund, which is still open to investors.