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TrueCar Officially Launches Car Pricing Site

socalTECH

Santa Monica-based TrueCar has officially launched its new car pricing site today, saying that it is now providing consumers with details on the prices paid for people on cars in their area. Tags: truecar automotive pricing shopping information price. READ MORE>>.

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This Week in Venture Capital – Episode 2

Both Sides of the Table

I was on This Week in Venture Capital (TWiVC) again this week with Jason Calacanis. Overture never built the destination site to monetize from. So when Google started pushing AdSense (ads for affiliate or 3rd party sites) they had a HUGE cost advantage. 2.6mm in Series A : Canaan , Anthem. He’ll get deals done.

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Zag Raises Funding

socalTECH

Zag has previously received funding from Anthem Ventures, Arcturus Capital, Capital One, Capricorn Management, GRP Partners, and the Tech Coast Angels. The firm recently spun out True Car, an automotive pricing information site. Tags: automobile venture auto capital funding. READ MORE>>.

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Zag Raises $32.4M

socalTECH

Zag is venture backed by Anthem Ventures, Arcturus Capital, Capital One, Capricorn Management, GRP Partners, and the Tech Coast Angels, along with USAA. The firm recently spun out True Car, an automotive pricing information site. Tags: automobile auto venture funding capital. READ MORE>>.

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Zag Powers AAA Service

socalTECH

According to Zag, the firm will provide a turnkey, fully integrated auto buying program for the site, which will offer resources to research and compare vehicles, read AAA editorial reviews, and configure and purchase vehicles. Financial details of the win was not disclosed.

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Zag Adds Another AAA Group

socalTECH

Zag has developed a software product which allows users to fully configure and price cars for car buying programs and affinity groups; the firm's software is already being used by a number of other AAA clubs. Zag has now signed up 14 AAA motor clubs, and also provides its technology to Capital One Auto Finance, Overstock.com, and other sites.

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Interview with Todd Jerry, Marmol Radziner

socalTECH

Many local entrepreneurs might know Todd Jerry , formerly a venture capitalist at Anthem Venture Partners. Todd has a unique view, having worked both on the venture and high technology investing side at Anthem, as well as the architecture and construction industry now. Todd Jerry: I joined the company in early 2008.