Zimride Receives $1,200,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=37d85cb8-3460-4ae7-a1c8-3833265f16ff&Preview=1
Date
8/23/2010
Company Name
Zimride
Mailing Address
548 Market St. San Francisco, CA 94104
Company Description
Zimride’s industry leading rideshare service helps organizations establish easy to use, private, social networks for ridesharing. The result: a critical mass of users sharing rides, saving money and reducing resource consumption.
Website
http://www.zimride.com
Transaction Type
Venture Equity
Transaction Amount
$1,200,000
Transaction Round
Undisclosed
Proceeds Purposes
Zimride will be putting its latest financing towards improving its mobile application and investing in user experience as well as expanding its user base.
M&A Terms
Venture Investor
Floodgate
Venture Investor
K9 Ventures
Venture Investor
Undisclosed