OpenLane Secures $10,000,000 New Round

  • Feed Type
  • Date
    12/31/2008
  • Company Name
    OpenLane
  • Mailing Address
    2200 Bridge Parkway Redwood City, CA 94065
  • Company Description
    OPENLANE, Inc. is a leading online auction company in North America for automotive dealers to buy and sell wholesale vehicles. The company offers end-to-end auto remarketing solutions to auto manufacturers, captive finance companies, lease and daily rental companies, financial institutions and wholesale auto auctions throughout the United States and Canada.
  • Website
    http://www.openlane.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    August Capital
  • Venture Investor
    Meritech Capital Partners
  • Venture Investor
    RPM Ventures
  • Venture Investor
    Undisclosed

By posting a comment, you agree to our terms and conditions.