Wednesday, October 13, 2010

CarWoo Gets New Funding, Launches Car Buying Service

Burlingame-based Carwoo, a startup developing an online service to help users buy new cars, said today that it has raised a Series A financing round. The firm said the new round came from Comcast Interactive Capital, Blumberg Capital, Accelerator Ventures, Raymond Tonsing, and Dillon McDonald. The firm is a Y Combinator company, and said it has now raised a total of $6M. The firm was seed funded in late 2009 by Comcast, Blumberg, and Accelerator, along with angels Paul Buchheit, Joshua Schachter, Aydin Senkut, and Dave McClure. The firm is headed by Tommy McClung. More information »