Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8d0829fc-b9a2-4c70-b35c-aad8697f1ad6&Preview=1
Date 9/13/2012
Company Name Scoot Networks
Mailing Address Undisclosed San Francisco, CA 94105
Company Description Scoot Networks is mobility for the city: A fleet of smartphone-enabled, 30 MPH, electric, Vespa-style scooters offered in a convenient, bicycle sharing-type system. Starting in San Francisco, they will be available on-demand throughout major cities, priced competitively with driving, taxis, and public transit.
Proceeds Purposes Scoot Networks, a system of smartphone-enabled, shared electric scooters calling itself the “Zipcar for Scooters,” has closed a seed round of $550,000, which will help the company move from private beta to launch.