socalTECH

FEBRUARY 5, 2009

Los Angeles-based Zag , the online car buying software firm headed by former CarsDirect CEO Scott Painter, has scored an investment from financial services firm USAA , USAA disclosed Thursday. According to USAA, it is taking an equity position in Zag, which is also providing the firm with its car buying services. READ MORE>>.

Zag 100

Zag Invest CarsDirect Venture Capital 100

socalTECH

OCTOBER 6, 2008

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.

Zag 100

Zag CarsDirect Arcturus GRP Partners 100

socalTECH

JUNE 10, 2009

Zag's technology provides a level of customization and detail on "fleet" style, pre-negotiated sales of autos, down to the accessory level; the firm has deals with USAA, Capital One, Overstock.com, AAA groups, and others to provide its service. over MSRP on their autos. Painter is the former CEO of CarsDirect.com.

Zag 100

Zag GRP Partners Anthem Santa Monica 100

socalTECH

OCTOBER 14, 2008

Santa Monica-based Zag, a venture-backed developer of online car buying software, said this morning that it has made. Zag said it has promoted Bernie Brenner to Executive Vice President in charge of the firm's consumer initiatives, named David Pributsky as VP of Partner development. a number of hires and a promotion. READ MORE>>

Zag 100

Zag Arcturus GRP Partners Anthem 100

Startup Professionals Musings

OCTOBER 5, 2011

Zigging and zagging amongst the obstacles is the fun part of being an entrepreneur, and it’s what sets you apart from the average worker who knows exactly what he or she has to do every day to get paid. At some point financial capital if usually needed to meet business goals. Relish it, or if it scares you, don’t try it.

Zag 102

Zag Entrepreneur Startup Resource 102

socalTECH

JULY 7, 2009

Zag has previously received venture capital from such firms as Anthem Ventures, GRP Partners, the Tech Coast Angels, Capricorn Management, Capital One, and Arcturus Capital. The firm did not say what drove the growth, and did not provide any financial details on its sales or profitability.

Zag 100

Zag Sales CarsDirect Tech Coast Angels 100

socalTECH

DECEMBER 30, 2010

This morning, we're sharing the insights of Greg Martin , a venture capitalist at Archer Venture Capital. I left a great firm, Redpoint Ventures (after 11 years), to start a new firm, Archer Venture Capital. What was the biggest news for you/your firm this year? 2010 was a momentus year for me personally.

Venture Capital 234

Venture Capital Capital Rustic Canyon Southern California 234

socalTECH

APRIL 27, 2009

The firm--which is a spinout of automotive configuration software firm Zag--said it will provide consumers with a "Price Report" showing the full distribution of prices paid by other people, for the exact same vehicle, in a consumer's local area. The new service is free, and is based on automotive transactions within the last four weeks.

Truecar 100

Truecar Pricing Zag Sites 100

Startup Professionals Musings

DECEMBER 18, 2012

Zigging and zagging amongst the obstacles is the fun part of being an entrepreneur, and it’s what sets you apart from the average worker who knows exactly what he or she has to do every day to get paid. At some point financial capital if usually needed to meet business goals. Relish it, or if it scares you, don’t try it.

Course 99

Course Zag Startup Resource 99

socalTECH

SEPTEMBER 10, 2009

SharesPost is the most visible startup so far out of BrightHouse, the business incubator founded by Greg Brogger and Scott Painter, who are also behind Zag Automotive. Tags: sharespost advanced equities private placement venture capital. Brogger and Painter put together the Brighthouse incubator to help spin out companies. READ MORE>>.

Equity 133

Equity Zag Santa Monica Incubator 133

socalTECH

SEPTEMBER 3, 2010

TrueCar pulls its car sales data directly from car dealers, operators of dealer management systems, and data aggregators, including a deal with sister firm Zag, which provides pricing and configuration tools for automotive dealerships.

Truecar 154

Truecar Pricing Tool Arcturus 154

socalTECH

FEBRUARY 8, 2011

Scott Painter is the CEO of TrueCar/Zag, and was also previously CEO of CarsDirect, and has been incubating a number of companies out of his Santa Monica-based BrightHouse incubator. In a regulatory filing Wednesday, the company--which had been spawned out of the spawned out of Scott Painter's BrighHouse incubator--said it had raised $3.3M

CarsDirect 140

CarsDirect Zag Santa Monica Incubator 140

socalTECH

JULY 13, 2009

Brighthouse is a technology incubator headed by both Brogger and Scott Painter, who also co-founded Zag and CarsDirect. Tags: sharespost brighthouse private company stock venture capital tesla facebook. SharesPost, headed by Greg Brogger and incubated by Brighthouse, is looking to create a Web 2.0-enabled READ MORE>>.

Research 100

Research Sales CarsDirect Web 2.0 100

socalTECH

APRIL 2, 2009

Southern California Venture capital totals were up slightly in Q1 of this year from last quarter, to around $718M in deals, according to an analysis of socalTECH.com's proprietary venture database. The totals give an early look into other venture capital surveys due later this month. billion in funding.

Southern California 113

Southern California SoCal Invest SoCalTech 113

SoCal CTO

FEBRUARY 4, 2009

-The Scott Sanfilippo Interview Media Optimization Firms Are Red Hot In Southern California in 2009 Proliferate - Aggregate - Integrate Startups Uncensored #4 - “Finding and Working with Partners” SoCal VC’s absent from Forbes Midas List Top Five Best Uses of an Entrepreneur's Legal Dollars What Data Crunchers Did for Obama An Evaluation of Web Strategy (..)

Layoffs 159

Layoffs Woodland Hills Southern California Orange County 159

Startup Professionals Musings

FEBRUARY 11, 2013

Of course, you can always argue that each was just in the right place at the right time, or was lucky, or had a rich uncle to get them started, but it would be smarter to listen to the messages: You need enough capital and a little more. Everything isn’t going to go well in the first couple of years, and you need to get to cash flow positive.

Entrepreneur 101

Entrepreneur Zag Startup Sample 101

socalTECH

JUNE 17, 2009

Yesterday, Santa Monica-based SharesPost (www.sharespost.com) launched a new service of particular interest to the venture capital and high tech startup market, a new, online service which facilitates the buying and selling of private company stock. We co-founded Zag together, and I was the COO of CarsDirect.

Startup 124

Startup Zag Venture Capital Equity 124

Both Sides of the Table

NOVEMBER 14, 2010

It’s really hard to zig when the whole world seems to be zagging. They have marked-up paper gains propped up by an over excited venture capital market that has validated their investments. Bad times often require more capital but ironically this is when capital is dried up. It has always stood with me.

Invest 299

Invest Angel Technical Review Venture Capital 299

Startup Professionals Musings

JANUARY 21, 2011

Of course, you can always argue that each was just in the right place at the right time, or was lucky, or had a rich uncle to get them started, but it would be smarter to listen to the messages: You need enough capital and a little more. Everything isn’t going to go well in the first couple of years, and you need to get to cash flow positive.

Entrepreneur 104

Entrepreneur Zag Startup Sample 104

Both Sides of the Table

MARCH 17, 2010

Funding is different – In Silicon Valley you have mega venture capital funds and many of them. Scott Painter , founder of CarsDirect has created two new generation LA startups (Zag and TrueCar, both backed by GRP Partners). But we have a great city for building technology companies. As a result many funds are OK with big bets.

Companies 290

Companies Company Technology Startup 290

socalTECH

JULY 13, 2009

You know Zag, herein town, and more recently our new car investment, TrueCar. We have a regional focus here, and the market is underserved in venture capital, yet it's the second largest metropolis and DMA in the country. Tags: mark suster interview venture capital partners global retail grpvc.

GRP Partners 157

GRP Partners Southern California Santa Barbara Rustic Canyon 157