Deal Announcements

Carwoo Woos First Venture Capital Investment

Thursday, October 14, 2010 5:53:00 AM PDT | VentureDeal Staff

Burlingame, California  --  Internet company Carwoo has garnered $4.5 million in its first round of institutional venture capital funding.

Carwoo has created a website that allows consumers to purchase automobiles more easily.

InterWest Partners led the round, which also included Comcast Interactive Capital and Accelerator Ventures. The company did not say how the funding proceeds would be used.

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