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Zag Gets Investment From USAA

socalTECH

Los Angeles-based Zag , the online car buying software firm headed by former CarsDirect CEO Scott Painter, has scored an investment from financial services firm USAA , USAA disclosed Thursday. Zag develops technology which allows members of groups like USAA to fully configure and purchase cars, through car buying programs.

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Zag Adds Another AAA Group

socalTECH

Santa Monica-based Zag, which is developing software for auto buying programs, has signed on another AAA group as a customer. 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.

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Sponsor post: Discount to tomorrow's DFR, and win a ticket to digiday:APPS

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Join us as we kick off the holiday season in grand style and bestow the Digital Family Outstanding Achievement Honor on Scott Painter, Founder of CarsDirect and Entrepreneur. Tell a friend, and purchase your ticket at www.digitalfamilyinc.com. Use discount code: DFR30 to receive $30 price. Win a ticket to digiday:APPS.

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

Both Sides of the Table

Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. A social analytics platform for Facebook app developers and publishers that provides detailed demographic and engagement data. Competitors: Gowalla. Total Raised: $21.4mm. Kontagent. -A

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Want to Start a Technology Company in LA?

Both Sides of the Table

But we do have great technology developers. You can hire a talented head of marketing, business development, technology and sales. You need to for conferences, business development and often for sales. You don’t have a pool of thousands of Google engineers to hire when they’re ready to leave the mother ship.

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Interview with Jose daVeiga, KlickSports

socalTECH

Jose daVeiga: In 2006, we started developing the concept, consisting of a PA announcement and a Jumbotrom image. I was doing project management at CarsDirect.com, and we met there while Kent was in Business Development. I started as a tester, but in six months, I had risen to assistant project manager at CarsDirect.

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

Every developer, biz dev person, marketeer or sales rep on your team will be surrounded by scores of companies calling them like Sirens to switch teams. But we do have great technology developers. Scott Painter , founder of CarsDirect has created TrueCar (backed by GRP Partners). Now let’s think about retention.