RelayRides Raises $5.1M

3/8/11Follow @xconomy

RelayRides, a San Francisco-headquartered person-to-person car-sharing startup with an office in Boston, has raised $5.1 million of an equity-based funding round that could total $5.9 million, according to an SEC document filed yesterday.  The company, which started in Cambridge and last year participated in the Boston incubator program MassChallenge, announced in December that it had nabbed an undisclosed amount of funding from Google Ventures and August Capital and was relocating its headquarters to San Francisco as it launched its car-sharing service there. Howard Hartenbaum of August Capital and Google Ventures’ Joe Kraus are listed as RelayRides directors on the SEC filing, which also notes that the funding comes from 19 investors.

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