Tech Company Financing Transactions
Autoweb Funding Round
Autobytel participated in a $2.5 million funding round for Autoweb. The financing was announced on 9/20/2013.
Transaction Overview
Company Name
Announced On
9/20/2013
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Undisclosed
Investors
Autobytel (Jeffrey Coats)
Proceeds Purpose
Autobytel will become the first automotive publisher to benefit from AutoWeb's PPC platform, receiving a share of the revenue generated by click-throughs at Autobytel's websites. Autobytel said it believes the arrangement could represent a significant revenue opportunity over the next several years.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
18872 MacArthur Blvd. 200
Irvine, CA 92612
USA
Irvine, CA 92612
USA
Phone
Website
Email Address
Overview
AutoWeb is the first vehicle search engine with unique social sharing features that make shopping for a car more engaging, fun, intriguing and informative.
Management Team
Title
Name
Email & Social
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About Our VC Transactions Data
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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