Zipcar Receives $21,000,000 New Funding Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e6b67f76-1913-42de-8437-c4db6d7f599b&Preview=1 - Date
12/15/2010 - Company Name
Zipcar - Mailing Address
25 First Street 4th Floor Cambridge, MA 02141 - Company Description
Zipcar, the Web-based car-sharing service, Zipcars are as ubiquitous as ATMs. Z2B (business) and personal drivers alike are loving the freedom and cost savings a Zipcar brings to their life – many have even achieved transportation nirvana. - Website
http://www.zipcar.com - Transaction Type
Venture Equity - Transaction Amount
$21,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
Zipcar will use the proceeds to fund working capital needs and finance fleet growth. The company will also use the capital to strengthen its balance sheet and continue its geographic expansion. - M&A Terms
- Venture Investor
Meritech Capital Partners
