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He eventually applied his lessons learned in these experiences when he founded Zag, a company that helps consumers buy cars over the Internet at pre-negotiated prices with nearly 4,000 dealers across the country [disclosure: my firm GRP Partners is an investor in Zag]. Competitors: Google (Invite Media) , MediaMath , X+1.
Santa Monica-based Zag , the online auto buying site headed by Scott Painter, has hired on a Director of New Products, according to recruiting firm NeoHire. NeoHire said that Alexander Rosten has been hired into the position, joining Zag from Mota Motors, where he was Director of Analytics and Business Development.
Los Angeles-based TrueCar , the online car pricing site run by Scott Painter, said today that it has launched a mobile version of its site. According to the company, the new site runs on Apple iPhone, BlackBerry, and other web-enabled mobile devices. TrueCar is a spinout of Zag Automotive, which is also run by Painter.
Santa Monica-based firms TrueCar.com and Zag announced last night that the two companies are becoming official sponsors of the 2010 Pebble Beach Concours d'Elegance. According to TrueCar and Zag, the three-year agreement includes a deal for Motor Trend Radio to broadcast and record its coverage from the TrueCar.com suite.
Santa Monica-based Zag , which has developed an automobile configuration and buying service for affinity organizations like credit unions and automobile organizations, has a funding round of undisclosed size. The spokesperson for Zag said that the firm is "not quite ready to make that announcement" and would not releas details until later.
Santa Monica-based Zag , which has developed an automobile configuration and buying service for affinity organizations like credit unions and automobile organizations, has raised around $32.4M A spokesperson for Zag told socalTECH that a round had closed, but would not confirm the investors or details of the round. in a funding round.
According to Zag, the firm will provide a turnkey, fully integrated auto buying program for the site, which will offer resources to research and compare vehicles, read AAA editorial reviews, and configure and purchase vehicles. Financial details of the win was not disclosed.
Santa Monica-based Zag, which is developing software for auto buying programs, has signed on another AAA group as a customer. According to Zag, AAA Mid-Atlantic has just unveiled a auto buying program which is powered by the firm's software. million members. The deal includes both providing new and used cars for AAA Mid-Atlantic.
Santa Monica-based TrueCar has officially launched its new car pricing site today, saying that it is now providing consumers with details on the prices paid for people on cars in their area. TrueCar is venture backed by Zag, Anthem Venture Partners, Global Retail Partners, Capricorn, Capital One Auto Finance, and Arcturus Capital.
According to TrueCar, buyers who use the site to learn what people are paying for actual vehicles in their local area will not have the option of pulling up to three, guaranteed prices for autos--and directly connecting with those dealers. READ MORE>>.
Santa Monica-based TrueCar , the online car pricing site headed by Scott Painter, reports this morning that it has now sold more than 200,000 cars through its online car buying and pricing platform. TrueCar said the sales came via its more than 40 partner-branded Web Siets, which use the car pricing and sales engine powered by Zag.
Santa Monica-based TrueCar , the new car pricing data startup headed by Scott Painter, said Monday that it has inked a deal with automotive publisher High Gear Media , where High Gear will include TrueCar's data on its network of web sites. Financial details of the deal were not disclosed. READ MORE>>.
Santa Monica-based TrueCar , the automotive pricing spinout of Zag, said today that it is targeting dealers with a new web site, to help dealerships price vehicles based on market data. TrueCar also said that it is in a distribution deal with Zag, to serve Zag's dealers with better upfront pricing details. READ MORE>>.
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.
Santa Monica-based TrueCar , the automotive pricing spinout of Zag Automotive, disclosed Wednesday that the firm has inked distribution deals with five automotive websites. TrueCar said it is providing both HTML widgets and an API which sites can used to display its information.
Among the private shares that sellers are looking to unload on the site are shares in Facebook, LinkedIn, SolarCity, Tesla Motors, and eHarmony, the firm said. Among features of the site are private company research, escrow serviecs, and electronic signatures. READ MORE>>.
The company said Cleckler will work on aiding in development of car pricing tools on the site. TrueCar is a car pricing site which was spun out of automotive software firm Zag; the firm is venture backed by Anthem Venture Partners, Global Retail Partners, and Capricorn. Cleckler has also served at Stamps.com. READ MORE>>.
Santa Monica-based TrueCar , the online car pricing spinout of Zag Automotive, is expanding the depth of its vehicle data today, saying that it is licensing information on new vehicles from Chrome Systems, which is a part of DealerTrack Holdings. Financial details of the license deal were not disclosed. READ MORE>>.
If you look at the site, it's comprised principally of individual bulletin boards for private companies. We co-founded Zag together, and I was the COO of CarsDirect. Towards early 2007, Scott and I had taken Zag to a level of some measure of stability, and we were thinking about the next thing. Explain how your service works?
Well chances are there are some partners or sites where you can get information on jobs today. In fact, if you do both, it’s called a Zig-Zag strategy. What you really want are well matched on either side, not necessarily the absolute best from the universe of all possibilities. to source potential candidates.
Well chances are there are some partners or sites where you can get information on jobs today. In fact, if you do both, it’s called a Zig-Zag strategy. What you really want are well matched on either side, not necessarily the absolute best from the universe of all possibilities. to source potential candidates.
billion to Yahoo, we did CitySearch, we invested in the largest travel site in Europe, called LastMinute.com, and also CyberSource--a number of very early stage, Internet companies. You know Zag, herein town, and more recently our new car investment, TrueCar. We invested in Overture, which was sold for $1.2
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