CarWoo! Funding Announcement and New Hires
- By:
- Megan on 12/14/2011
- Topic:
- Auto News, CarWoo! Things.
I have absolutely no idea how, but TechCrunch actually scooped the CarWoo! Chronicle on our OWN STORY.
How awkward.
But just in case you’d rather hear it from the source, I’m extremely elated to inform you that not only are we announcing our new 6 million dollar round of funding (can now buy 1.5 million mochas from Starbucks!), we’re also announcing the addition of Rudi Thun and Phil Yeh to our team.
The Funding comes from investors such as InterWest Partners, Comcast Ventures, Blumberg Capital, and Raymond Tonsing. We used that money to quadruple our dealer network and add some amazing new features to CarWoo! Version 2 (such as leasing and dealer reviews system).
This round will be used to build up our base of consumers (ie – get the word out as much as freaking possible!) to generate the kind of marketplace that will most benefit both car buyers and car dealers, a fluid, transparent and bustling system.
The Hires bring on Rudi Thun as our COO and Phil Yeh as our VP of Marketing. Rudi spent the past 9 years at AOL autos (ie- he’s been there since more than half of Americans still used dialup). Rudi was responsible for the strategy, product, marketing and design of AOL Autos and Autoblog.com (he also doesn’t sleep – ever).
Phil worked most recently as VP of Marketing for SpeedDate.com, but he’s also worked in the automotive industry, doing marketing for Dealix.com as well.
So now you know the news. We’ve had some pretty big developments these past few weeks over here at CarWoo! HQ.
