OpenLane Secures $10,000,000 New Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7a1b1cf0-ab29-449b-882a-88d6a23a4e62&Preview=1 -
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
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Venture Investor
August Capital -
Venture Investor
Meritech Capital Partners -
Venture Investor
RPM Ventures -
Venture Investor
Undisclosed
