Austin Ventures-Backed Silvercar Receives $5 Mln
Silvercar, which is backed by Austin Ventures, has raised $5 million in funding, according to a filing with the SEC and as reported by several news sources. Although no further information is available, Luke Schneider, CEO of Silvercar did issue the following statement about the funding: "The equity capital will be used to commence operations in additional markets and develop our offering for rapid expansion. In just six months since launching at DFW, Silvercar has grown to serve four locations, and we plan to add a new location each quarter." Based in Texas, Silvercar is a provider of airport car rentals.
11 July 2013•1 min read
