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TrueCar Scoops Up $30M From Vulcan Capital

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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. TrueCar said the new funds will go towards market expansion, product development, and to build its brand. READ MORE>>.

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Troy Capital Backs TrueCar Vet's New Startup, Rollick Outdoor

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Santa Monica-based Troy Capital Partners , a new venture investment firm led by Josh Berman, Brian Sullivan, and Samit Varma, has backed a veteran of TrueCar for a new startup called Rollick Outdoor. Rollick Outdoor is based in Austin, where Brenner was based while at Santa Moinca-based TrueCar.

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TrueCar Adds Two More AAA Clubs

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Santa Monica-based TrueCar announced Monday that it has added two more, AAA clubs to its list of customers using its services. TrueCar said that it will power the online car buying programs for AAA Oklahoma/South Dakota and AAA Hoosier, the 21st and 22nd AAA organizations using TrueCar's services. READ MORE>>.

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Fair Launches New Adjustable Payments For Cars

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According to Fair, the new ability to adjust payments will help accommodate different drivers, some who want the lowest possible start payment to get into a car, while others prefer to pay more upfront and lower their monthly rate. Fair is the latest venture of Scott Painter, the serial entrepreneur behind TrueCar.

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

Both Sides of the Table

He didn’t tell it in the video but, ever the entrepreneur, Scott started a business to take couples up on a “mile high club&# flight on airplanes as a way of getting all of his miles logged to get his next class of airplane license that required a certain number of hours logged. It’s part of what makes him so likable.

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LA Group Launches Effort To Promote Technology Corridor In Los Angeles

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The Los Angeles Mayor's Council on Innovation and Industry (LAMCII) has been meeting since March, to help identify the top issues facing growth companies in the region, and to propose activity to spur additional entrepreneurial activity and innovation, according to the group.

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How Fair, Scott Painter's New Startup, Is Creating A New Model For Car Ownership

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Fair (www.fair.com), the latest startup by serial entrepreneur Scott Painter , does just that, letting users shop for a car, get approved, and pay for a car through a month-to-month payment--with no long term committment. What lessons did you learn from TrueCar, which are you are applying here? What is Fair all about?

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