article thumbnail

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

Both Sides of the Table

Incubated by Clearstone Ventures in 2008. Company reports 250,000 users in 49 countries with 1mm+ application downloads. Current round: $4. led by Altos Ventures and Maverick Capital, with Larry Braitman. Total raised: $6.0mm. See: TechCrunch. New capital to be used for international expansion and to challenge Skype.

Zag 248