High Gear Media Garners $5,500,000 Series B Financing Round

  • Feed Type
  • Date
    6/30/2009
  • Company Name
    High Gear Media
  • Mailing Address
    385 Forest Ave Palo Alto, CA 94301
  • Company Description
    The Car Advisory Network is developing a “next generation media platform” for the auto industry.High Gear Media is the Web’s automotive authority. We bring together a powerful technology platform, deep editorial expertise, and a unique model of publishing multiple automotive media sites to address every interest and lifestyle. Our executives have a track record building web experiences at companies like Shoplocal, Yahoo!, Sidestep, and Farechase.
  • Website
    http://www.highgearmedia.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The funds will be used for further expansion of High Gear Media’s technology platform and strategic acquisitions to accelerate the growth of its network of owned and operated websites.
  • M&A Terms
  • Venture Investor
    DAG Ventures
  • Venture Investor
    Accel Partners
  • Venture Investor
    Greylock Partners

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