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Peer-to-peer car rental service Getaround raises $24m

November 20, 2014

Series B

Getaround, an online peer-to-peer car rental service based out of San Francisco, today received a Series B cash injection that will allow it to move into other cities in the U.S. Today’s $24 million funding, led by Cox Automotive, Menlo Ventures, Triangle Peak Partners and SOS Ventures, will help Getaround focus once more on expansion, after recent efforts to concentrate on its core services in San Francisco. Cox’s investment will also give Getaround access to the former’s 32 million auto consumers per month. Today’s round brings Getaround’s total funding up to $43 million since its 2009 foundation.

Also in the Series B money today is CS Disco, a firm which connects lawyers with information. The Houston, Texas-based outfit raised $10 million capital in a deal led by Bessemer Venture Partners, in conjunction with angels and existing investors. “Disco has grown revenues and number of customers close to 5x since we invested just 10 months ago,” said Krishna Srinivasan of investor LiveOak Venture Partners. “It is always a pleasure working with a company that both executes great and makes products its users really love.”

Series C

Cybersecurity and intelligence company Endgame has closed a $30 million Series C round. The Arlington, Virginia-headquartered firm will use the investment, led by six groups including Bessemer Venture Partners and Paladin Capital Group, to continue developing its products for enterprise clients, at a time when several high-level U.S. retailers have been hit by costly hacks. “Accelerating the growth of our world-class, battle-tested security intelligence solutions in the enterprise market will enable customers to better protect against the riskiest of these threats,” said Endgame CEO Nate Flick.


Venture

OrderWithMe is a Las Vegas, Nevada-based startup that acts as a buying platform for small businesses. Today it added $28 million funding to its total $37 million investment, led by the Vegas Tech Fund, SOSVentures, BaseVC and several others. OrderWithMe, which offers businesses connections with suppliers in eight verticals including bike shops, bakeries and printing, was initially based in Beijing, China, before moving to Las Vegas in 2013. “OrderWithMe’s first three years were spent identifying the pain points across the entire inventory purchasing and management process and building the technology to help streamline this process,” said CEO Jonathan Jenkins. “Now we have a full solution that helps small businesses manage their inventory purchases all the way from electronic purchase orders to invoices and payments.”

 

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Filed Under: Finance, Investment Round Up, Startups

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