Thursday, August 2, 2012

Getaround Gains $13.9M For Car Sharing

San Francisco-based Getaround, which operates an online, peer-to-peer marketplace for car rentals and sharing, said today that it has raised $13.9M in a Series A funding round. The round was led by Menlo Ventures, and also included Marissa Mayer, A-Grade Investments (the investment fund of Ashton Kutcher), Innovation Endeavors (Eric Schmidt), as well as Collaborative Fund, SOSventures (Sean O’Sullivan), Correlation Ventures, Sam Shank (HotelTonight), David Sacks (Yammer), Bobby Yazdani (Saba Software), Matias de Tezanos (Hoteles.com), Dan Martell (Clarity.fm), and Juan Diego Calle (.CO). Shervin Pishevar of Menlo Ventures joins the company's board along with the funding. More information »