Car-sharing peers RelayRides, Wheelz get hitched
- Cromwell Schubarth
- Senior Technology Reporter- Silicon Valley Business Journal
- Email | Twitter | Google+
The San Francisco companies didn't disclose the financial terms of the deal.
RelayRides, led by CEO Andre Haddad, raised about $13
million since it started in 2008, including investments from General Motors
Ventures, Google Ventures, August Capital and Shasta Ventures.
Wheelz, led by founders Jeff
Miller and Akhtar
Jameel, raised about $20 million since it launched in 2011. Its backers
include Felicis Ventures, Social + Capital Partnership, Fontinalis Partners and
Zipcar.Miller is leaving the company with the acquisition, as is half of the 20 people on the workforce. The rest will join RelayRides in San Francisco.
Click here to read the press release about RelayRides buying Wheelz.
Cromwell Schubarth is the Senior Technology Reporter at the Business Journal. His phone number is 408.299.1823.
We recommend
-
GE launches new washer and dryer production BizJournals
From around the web
-
11 Public Universities with the Worst Graduation Rates The Fiscal Times
-
7 Easy Summer Picnic Side Dishes Food Network
Comments
If you are commenting using a Facebook account, your profile
information may be displayed with your comment depending on your privacy
settings. By leaving the 'Post to Facebook' box selected, your comment will be
published to your Facebook profile in addition to the space below.
Most Popular
- Most popular
- Emailed
- Mobile
- Apple preps Pandora killer
- Twitter favorites @Sunnyvale with new office lease
- Tesla stock hits all-time record; is it overvalued?
- Mother's Day in Silicon Valley: Advice that shaped our leaders
- Here's the top 10 VCs on this year's Midas List
- Uh oh: The new Facebook Phone is being sold for $1
- Levi's Stadium: 5 things to know about the 49ers naming rights deal
- Why Bill Gates is wrong about the iPad
- Why the Sierra Club is boycotting Facebook
- Consumer Reports: The Tesla Model S is the best car we've ever tested
Deloitte
Growth Enterprise Services:
New 2013 survey shows mid-market companies poised for growth. Learn more.
New 2013 survey shows mid-market companies poised for growth. Learn more.
- Careers at Verizon Wireless Verizon Wireless | Local Opportunities
- Corporate Work Study Program Director Cristo Rey San Jose High School | San Jose, CA
- Business Statistical Analyst Ravenswood Family Health Center | Palo Alto, CA
- (Automotive) District Sales Manager - San Jose, CA Raytheon Company | San Jose, CA
- Project Manager III Nelson | Mountain View, CA
optionsXpress
Trade options, stocks, and futures all on one platform.
- Online
- Services
- Subscriptions
- Tools
© 2013 American City Business Journals. All rights reserved. Use of this Site
constitutes acceptance of our User
Agreement (updated 3/14/12) and Privacy Policy (updated 3/14/12).
Your California Privacy Rights.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of American City Business Journals.
Ad Choices.
Your California Privacy Rights.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of American City Business Journals.
Ad Choices.
No comments:
Post a Comment