14 Articles match "Anthem","Zag"

The Latest from the Southern California Tech Central Community

Wednesday, July 15, 2009
Santa Monica-based TrueCar , the automotive pricing spinout of Zag Automotive, disclosed Wednesday that the firm has inked distribution deals with five automotive websites. TrueCar is using pricing data, derived from information gained from Zag's auto buying service, to show buyers the prices that people have paid to purchase vehicles within a local area. TrueCar is venture backed by Anthem Venture Partners, According to TrueCar, it will provide its price reports on Pricequotes.com , Carbuyingtips.com , Carzen.com , Carpricesecrets.com , and Cardevotion.com . Financial
 
Thursday, July 9, 2009
Santa Monica-based Zag.com , the online automotive buying firm headed by Scott Painter, announced Thursday that the company has reached an agreement with Mercedes-Benz USA to offer an additional $5000 off pricing of new Mercedes-Benz cars to members of USAA, one of the affinity groups using Zag's auto pricing and purchasing services. Zag provides a white-label version of its automotive configuration and pricing engine to USAA and other affinity groups, which provides a detailed, in-depth quoting system for "fleet" sales of automobiles. The firm said the additional offer comes on top of special member prices, rebates, and dealer incentives available to members.
 
Tuesday, July 7, 2009
Zag has previously received venture capital from such firms as Anthem Ventures, GRP Partners, the Tech Coast Angels, Capricorn Management, Capital One, and Arcturus Capital. Santa Monica-based Zag.com , the online automobile buying service headed by Scott Painter, is reporting today that it had what is calls its "strongest sales so far this year" in June. The firm--which provides its car buying service as a private-label offering through affiliate groups such as the AAA and USAA--said it had 20% sales growth in June, and 15% growth on average for the previous three months.
 

The Best from the Southern California Tech Central Community

The Scott Sanfilippo Interview Media Optimization Firms Are Red Hot In Southern California in 2009 Proliferate - Aggregate - Integrate Startups Uncensored #4 - “Finding and Working with Partners” SoCal VC’s absent from Forbes Midas List Top Five Best Uses of an Entrepreneur's Legal Dollars What Data Crunchers Did for Obama An Evaluation of Web Strategy in the Musical Instrument Business Keywords Layoffs Fund Venture Capital Events Technology Angel Mahalo Zag MySpace Geni
Santa Monica-based Zag has finally revealed the total invested in its latest, strategic round of funding, saying Thursday that it raised $37.4M. The round came from USAA, and included Capricorn Investment Group, LLC, GRP Partners and Anthem Venture Partners. USAA is an affinity group which is using Zag's automotive configuration software and services. The firm's venture round had earlier been reported to be worth $32.4M, and included USAA--however, the firm had refused to confirm those details until today. Zag also provides online car buying software for a number of AAA
Santa Monica-based Zag, the online car buying software firm headed by former CarsDirect CEO Scott Painter, has spun out a new company called TrueCar, the firm said late Wednesday. The firm said it has scored Series A funding from Zag, Anthem Venture Partners, Global Retail Partners, Capricorn, Capital One Auto Finance, ARcturus Capital, Scott Painter, and co-founder Tom Taira. All of the According to TrueCar, it will provide information about new car pricing, using the actual price people have paid for cars. Painter was most recently CEO of Zag, Taira was Chief Strategy Officer
According to Zag, the firm will provide a turnkey, fully integrated auto buying program for the site, which will offer resources to research and compare vehicles, read AAA editorial reviews, and configure and purchase vehicles. Zag provides the technology to power affiliate car buying services, allowing members of associations like the AAA to get fully configured, exact quotes on new cars at pre-negotiated prices. Santa Monica-based Zag.com , the online car buying software firm headed by Scott Painter, announced this morning that it has inked a deal with the AAA, to power a new service called AAA Automaker.
Santa Monica-based Zag , which has developed an automobile configuration and buying service for affinity organizations like credit unions and automobile organizations, has a funding round of undisclosed size. spokesperson for Zag told socalTECH that a round had closed, but would not confirm the investors or details of the round, saying that earlier disclosures by TechCrunch were incorrect. A Apparently, the company was a victim of TechCrunch's Arrington's crusade against PR embargoes, and disclosed the funding based on preliminary discussions with the firm.
Santa Monica-based Zag , which has developed an automobile configuration and buying service for affinity organizations like credit unions and automobile organizations, has raised around $32.4M spokesperson for Zag told socalTECH that a round had closed, but would not confirm the investors or details of the round. The spokesperson for Zag said that the firm is "not quite ready to in a funding round. A
Zag's technology provides a level of customization and detail on "fleet" style, pre-negotiated sales of autos, down to the accessory level; the firm has deals with USAA, Capital One, Overstock.com, AAA groups, and others to provide its service. Zag has received funding from USAA, Capricorn Investment Group, LLC, GRP Partners and Anthem Venture Partners. Santa Monica-based Zag.com , the online auto buying technology firm headed by Scott Painter, said Wednesday that the firm has sold its 50,000th car through its online auto-buying affinity programs. The firm, which develops
Santa Monica-based Zag, which is developing software for auto buying programs, has signed on another AAA group as a customer. According to Zag, AAA Mid-Atlantic has just unveiled a auto buying program which is powered by the firm's software. Zag has developed a software product which allows users to fully configure and price cars for car buying programs and affinity groups; the firm's software is already being used by a number of other AAA clubs. Financial impact of the latest AAA win was not disclosed, however Zag said that AAA Mid-Atlantic is the fifth largest AAA-affiliated club in the nation, and has 3.8
Santa Monica-based Zag, a venture-backed developer of online car buying software, said this morning that it has made a Zag said it has promoted Bernie Brenner to Executive Vice President in charge of the firm's consumer initiatives, named David Pributsky as VP of Partner development. Brenner has served at 1-800-CARSEARCH, PromiseMark, and CARFAX; Pributsky joined Zag in 2006 and served at eVox Productions and Malldecker Media; Easterby was most recently a number of hires and a promotion.
Zag has previously received venture capital from such firms as Anthem Ventures, GRP Partners, the Tech Coast Angels, Capricorn Management, Capital One, and Arcturus Capital. Santa Monica-based Zag.com , the online automobile buying service headed by Scott Painter, is reporting today that it had what is calls its "strongest sales so far this year" in June. The firm--which provides its car buying service as a private-label offering through affiliate groups such as the AAA and USAA--said it had 20% sales growth in June, and 15% growth on average for the previous three months.