Tech Company Financing Transactions
Zipcar Funding Round
Zipcar closed a $21 million funding round on 12/15/2010. Investors included Meritech Capital Partners.
Transaction Overview
Company Name
Announced On
12/15/2010
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Undisclosed
Investors
Proceeds Purpose
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.
Company Information
Company Status
Acquired or Merged
Industry
Transportation
Mailing Address
25 First Street 4th Floor
Cambridge, MA 02141
USA
Cambridge, MA 02141
USA
Phone
Website
Email Address
Overview
Zipcar is a Web-based car-sharing service. 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.
Management Team
Title
Name
Email & Social
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