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 in a funding round. A

The firm, which develops technology that allows consumers to fully configure and price autos from affinity groups like credit unions, AAAs, and other groups, claimed that the firm has saved its buyers over $83.5M 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. 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.

Los Angeles-based Zag , the online car buying software firm headed by former CarsDirect CEO Scott Painter, has scored an investment from financial services firm USAA , USAA disclosed Thursday. According to USAA, it is taking an equity position in Zag, which is also providing the firm with its car buying services. Zag develops technology which allows members of groups like USAA to USAA did not provide financial details behind the investment. USAA has been offering Zag's services to its members since 2007.

Santa Monica-based Zag , the online auto buying site headed by Scott Painter, has hired on a Director of New Products, according to recruiting firm NeoHire. NeoHire said that Alexander Rosten has been hired into the position, joining Zag from Mota Motors, where he was Director of Analytics and Business Development. Rosten has also served at Google, Edmunds, and CarsDirect.com READ MORE>> ...Tags: Tags: automotive executiv

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 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 a number of hires and a promotion.

TrueCar said that Damon Cleckler has joined the firm in the position, after serving as executive director of product management at Edmunds.com, where he helped develops Edmunds "True Market Value" and "New Car Finder" products. The company said Cleckler will work on aiding in development of car pricing tools on the site. TrueCar is a car pricing site Santa Monica-based TrueCar announced today that it has snagged an executive from Edmunds.com for its new Vice President of Product Management. Cleckler has also served at Stamps.com.

But we do have great technology developers.  You You can hire a talented head of marketing, business development, technology and sales.  If You need to for conferences, business development and often for sales.  It’s Scott Painter , founder of CarsDirect has created two new generation LA startups (Zag and TrueCar, both backed by GRP Partners). Los Angeles.  People People either love it our hate it.  All

You know Zag, herein town, and more recently our new car investment, TrueCar. Because, who it takes to develops successful software-as-a-service is someone who has come through Oracle, Seybold, to some extent SAP or PeopleSoft. Normally, This morning's interview is with Mark Suster , a venture capitalist at GRP Partners (www.grpvc.com). GRP has just recently closed on a new $200M fund, and Mark has been one of the more active venture capitalists in the Los Angeles area in recent months.