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TrueCar Scoops Up $30M From Vulcan Capital

socalTECH

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

socalTECH

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

socalTECH

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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TrueCar's Scott Painter On Entrepreneurship And IPOs

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One of Southern California''s big success stories -- from startup, to venture funding, and a recent IPO--is Los Angeles-based TrueCar , which had its IPO in May. You''ve create success companies now quite a few times, how did this time go for you, and what kind of advice might you give entrepreneurs thinking about the public path?

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

” It’s the most common refrain I hear from investors and even entrepreneurs these days. I think there is also no denying the role that Richard Rosenblatt has played in building the LA tech ecosystem and spawning great entrepreneurs who followed in his footsteps. “There’s something going on in LA.”

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What Mattered In 2010: Scott Painter, TrueCar

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We asked the same five questions of a variety of top technology entrepreneurs, investors, and others, to hear what they're thinking about, and are sharing it here over the next two weeks. Yesterday, we heard from DFJ Frontier's David Cremin.

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Pricetag For TrueCar.com's New Domain, True.Com: $350,000

socalTECH

Santa Monica-based TrueCar , the online car pricing site--which has made its name from revealing the full pricing details behind local car purchases--said this week that it had acquired a brand, new domain-- True.com. in stock Business.com paid for its eponymous domain back in 1999 to domain entrepreneur Marc Ostrofsky. READ MORE>>.

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