Tech Company Financing Transactions
Cobalt Funding Round
Cobalt, operating out of Redwood City, raised $4.5 million from Horizon Ventures, Lightspeed Venture Partners and NeoCarta Ventures.
Transaction Overview
Company Name
Announced On
3/29/2004
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Undisclosed
Investors
Horizon Ventures (Lead Investor) (John Hall)
NeoCarta Ventures (Andre Turenne)
Proceeds Purpose
The additional funding will be used to expand OnStation's commitment to enterprises that include aftermarket services companies, automotive manufacturers and automotive dealerships. OnStation intends to increase its sales and marketing efforts and further improve and expand its unique market leading technology.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
720 Bay Road 200
Redwood City, CA 94063
USA
Redwood City, CA 94063
USA
Phone
Website
Email Address
Not Recorded
Overview
Cobalt, part of the ADP Dealer Services family of companies, is North America's leading provider of automotive marketing services, is uniquely qualified to assist automotive leaders at every level of the industry in their ability to succeed with digital marketing, regardless of the economic climate.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Holt
Chief Financial Officer
Jim Beach
Chief Marketing Officer
Chris Reed
Chief Operating Officer
Scott Mathews
Vice President
Kevin Distelhorst
Vice President
Anna Zornosa
Browse more venture capital transactions:
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