Lightspeed Venture Partners and Google Ventures have pooled together to invest a $10 million Series A round in the ridesharing company SideCar, which operates a peer-to-peer ridesharing network. The San Francisco-based company had previously raised an undisclosed amount of seed funding from numerous investors, including Spring Ventures, Huron River Ventures, SV Angel, Lerer Ventures, First Step Fund, Jeff Clarke, Lisa Gansky, Robert Goldberg, Jared Kopf, Konstantin Othmer, Mark Pincus, Martin Roscheisen, Josh Silverman and Thomas Varghese.
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Snipi Inc., which does business as Sidecar, announced Wednesday that it has closed on $2.52M in Series A financing. The Philadelphia-based company operates an automated online marketing platform for e-commerce companies. Innovation Ventures led the round, with participation from NextStage Capital, Gabriel Investments, MAG Fund, ARC Angel Fund, GSI Commerce founder Michael Rubinand and angels from the [...]