socalTECH
OCTOBER 26, 2010
Santa Monica-based TrueCar , the car pricing startup headed by Scott Painter, has announced a new product today, focused on used vehicle pricing. According to TrueCar, its new ClearBook service will provide a used vehicle pricing index, based on pure computational analytics, using the firm's ability to tap into aggregated used car listings.
Both Sides of the Table
JULY 1, 2010
The consumer product they’ve created is called TrueCar. A demand side advertising platform which allows advertisers to bid on individual ad impressions in real time, based on the site and who would see it. While Zag is not a dealer if you measured it in terms of cars sold it would be in the top 5 auto dealers in the country.
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socalTECH
JANUARY 27, 2011
Santa Monica-based Anthem Venture Partners has scored two exits in the last week, as Los Angeles-based Demand Media hit a homerun with its IPO Wednesday, and San Diego-based Plixi was acquired by Lockerz Thursday. Anthem is one of the more active local investors, and has recently backed BeachMint, CocoDot, and TrueCar, among other firms.
socalTECH
SEPTEMBER 20, 2010
The firm was originally known as CarsDirect, the automotive buying site of Idealab, and was headed by Scott Painter--who is now head of both Zag Automotive and TrueCar. The firm changed its name to Internet Brands in June of 2005, and hit the markets with its IPO in November of 2007. READ MORE>>.
socalTECH
NOVEMBER 16, 2012
1366% Carlsbad Hany Massarany 99 TrueCar, Inc. Brown 438 Volcano Corporation 163% San Diego Scott Huennekens 445 Demand Media, Inc. Gregg 85 RealD Inc. 1449% Beverly Hills Michael V. Lewis 91 Halozyme Therapeutics, Inc. 1376% San Diego Gregory I. Frost, Ph.D. 92 GenMark Diagnostics, Inc. 704% Aliso Viejo Dave Cozzens 147 MaxLinear Inc.
socalTECH
NOVEMBER 19, 2013
Internap , PricewaterhouseCoopers , Demand Media , Stubbs, Alderton & Markiles LLP , Oracle , Cresa Partners , UK Trade & Investment , PIXT , and many others. You can register for the event at Digital Family Reunion.
Both Sides of the Table
OCTOBER 8, 2014
He built & IPOd Demand Media. But many people forget that we have 2 relatively recent IPOs that are substantive companies: TrueCar (Upfront backed) & Cornerstone OnDemand. If you throw in Oculus into the mix along with TrueCar, Rubicon, Burstly, Beats and others LA Tech has seen more than $8 billion in exits in 2014 alone.
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