TrueCar.com nets $30 mln from Vulcan Capital

TrueCar.com said Thursday that it has closed $30 million of funding from Vulcan Capital. According to TrueCar.com, the capital will be used for market expansion, product development and brand building. Also, as a result of the investment, Vulcan Capital Managing Director Abhishek Agrawal will join TrueCar.com's board of directors. Headquartered in Santa Monica, Calif., TrueCar.com is a negotiation-free car-buying platform.

12 December 2013•4 mins read
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