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Santa Monica-based TrueCar has priced its IPO, saying last night that it will sell 7.8 The pricing was below the company''s earlier, estimated IPO range of $12.00 The company offers up online pricing of news cars as well as powers affiliate car buying programs. million shares of its stock at $9 per share. in the IPO offering.
Santa Monica-based Anthem Ventures has made an investment in the Series A funding for affinity buying program Rollick Outdoor , in a Series A funding. Series A funding was led by LiveOak Venture Partners, and also included Anthem Venture Partners and ManchesterStory Group, plus Silverton Partners, Autotech Ventures and Capital Factory.
TrueCar--which is led by Scott Painter--is backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, and Peppy Capital Partners. truecar merger acquisition exit nasdaq true automobile buying pricing' The IPO is being underwritten by Goldman, Sachs & Co. READ MORE>>.
According to TrueCar, it will provide information about new car pricing, using the actual price people have paid for cars. The firm said it has scored Series A funding from Zag, Anthem Venture Partners, Global Retail Partners, Capricorn, Capital One Auto Finance, ARcturus Capital, Scott Painter, and co-founder Tom Taira.
Santa Monica-based Zag.com , the online automotive buying firm headed by Scott Painter, announced Thursday that the company has reached an agreement with Mercedes-Benz USA to offer an additional $5000 off pricing of new Mercedes-Benz cars to members of USAA, one of the affinity groups using Zag's auto pricing and purchasing services.
And the broader question of whether VC’s will continue to invest in the Twitter ecosystem. Current round: $3.35mm in Series A by TomorrowVentures (Eric Schmidt’s personal investment vehicle), Saban Ventures, Founder Collective, SK Telecom Ventures. Estimated 15mm downloads to date. LibreDigital. Orchard for e-Books”. MetaMarkets.
Many local entrepreneurs might know Todd Jerry , formerly a venture capitalist at Anthem Venture Partners. Todd has a unique view, having worked both on the venture and high technology investing side at Anthem, as well as the architecture and construction industry now. First, explain what your company is all about?
Venture Capital funds: the different between “closed funds&# (which typically have a 10-year time horizon) and “evergreen funds&# which re-invest profits back into the fund. An investment doesn’t guarantee your product will suddenly be on the investor’s price sheet. DST invested $180mm last fall.
I won’t belabor this – I have an investment in this space ( ad.ly ) so I’m biased. I think this classifies as a “crack filler&# and I’m not sure I would have done the investment for that reason. 2.6mm in Series A : Canaan , Anthem. We had a big discussion about DST and why these investments.
The firm, which develops technology that allows consumers to fully configure and price autos from affinity groups like credit unions, AAAs, and other groups, claimed that the firm has saved its buyers over $83.5M Zag has received funding from USAA, Capricorn Investment Group, LLC, GRP Partners and Anthem Venture Partners.
We wanted to be able to invest in our software and our learning tools. My brother is actually at Anthem Ventures, working with Bill Woodward, and I was an intern there in business school. We've been toying with taking an investment for the last three or four years, and were able to meet with the guys at Kennet, and Javier Rojas.
The issue of cyber-espionage, targeting companies like Target, Home Depot and Anthem Insurance, continues to be a concern. The industry will continue to invest heavily in educating people and convincing them to try internet security products (free versions & life-time trials). How many gigabytes are included, and at what cost?
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