Wednesday, May 28, 2008 5:56:00 AM PDT | VentureDeal Staff
OpenLane has developed an online auction system for
automotive dealers to buy and sell wholesale vehicles throughout the United States and Canada.
Meritech Capital Partners which included August Capital, RPM Ventures, and Sciens Venture Partners. OpenLane said the funds will be used to help the company scale its services in response to demand.
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