RelayRides Picks Up $673K

Wade Roush5/27/11

RelayRides, the Google Ventures-backed car-sharing startup, has raised $672,500 in new working capital in an offering of debt and equity, according to a regulatory filing. The company moved its headquarters from the Boston area to San Francisco last year and subsequently raised at least $5.1 million from backers including Google Ventures and August Capital.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @