CarDomain.com, a community site for auto enthusiasts, has secured $3 million in a first round from co-founder Alex Algard, Seattle PI reported. The Seattle-based company had raised $250K in seed funding when it started nine years ago, but hasn’t sought additional financing since. Algard, who also founded WhitePages.com with an investment of $900 in 1997, had initially intended to obtain venture funding for CarDomain, but delays kept cropping up. Now, with the site growing, Algard feels the need to add new features to maintain and build its user base. The financing will support those new features, which will offer more forums and the ability for users to embed video into their car pages. And the site’s 1.5 million members will be asked to contribute their car knowledge on the automotive wiki that is scheduled to be unveiled sometime over the next month.
LAWPRO is the leading provider of professional indemnity insurance and services to thousands of providers in the Ontario legal community. LAWPRO also…Read More
Artificial intelligence (AI) and machine learning (ML) are redefining the enterprise IT landscape, as across verticals see the potential for AI and…Read More
This venerable New York-based newspaper has provided its readers news in a balanced and objective fashion for the last 170 years. As…Read More
VP of Research Jon Collins speaks with the brilliant Saahil Panikar about digital transformation in the COVID climate, and how to apply…Read More
The fundamental underpinning of an organization is its transactions. It must do them well, with integrity and performance. Not only has transaction…Read More
The business world is in a constant state of change. It’s moving faster than ever with more elaborate legal and compliance requirements…Read More