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  • ABG 69.34 -0.63 - -0.90%
  • AN 54.74 -0.38 - -0.69%
  • CACC 118.15 0.00 - 0.00%
  • CAR 58.07 -0.50 - -0.86%
  • CARZ 40.45 +0.03 - +0.07%
  • CPRT 39.50 -0.62 - -1.79%
  • CPSS 7.29 +0.64 - +9.71%
  • CRMT 37.11 +0.86 - +2.38%
  • DAI N/A - N/A
  • F 17.56 -0.07 - -0.40%
  • FIATY 0.00 -0.18 - -1.74%
  • GM 34.50 -0.45 - -1.29%
  • HMC 36.08 +0.84 - +2.39%
  • HTZ 30.00 +0.25 - +0.89%
  • KAR 32.60 -0.49 - -1.61%
  • KMX 49.69 -0.51 - -1.02%
  • LAD 95.70 -1.67 - -1.81%
  • MZDAF 0.00 0.00 - 0.00%
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  • SAH 24.87 -0.01 - -0.04%
  • TM 124.00 0.00 - 0.00%
  • TRAK 0.00 +0.77 - +2.06%
  • TSLA 225.89 +0.19 - +0.08%
  • TTM 41.88 -0.24 - -0.59%
  • VLKAY 0.00 +0.065 - +0.14%
  • VROM N/A - N/A

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Used Car News | Home

CarWoo Gets Funding, Hires Execs

CarWoo announced the closing of a $6 million funding round, bringing total funding to more than $12 million.

With the funding, CarWoo is adding industry veterans Rudi Thun, formerly general manager of AOL Autos, and Phil Yeh, previously with Dealix.

CarWoo finalized the additional funding from investors InterWest Partners, Comcast Ventures, Blumberg Capital, Raymond Tonsing and others.  Having more than quadrupled its dealer network over the past year to over 11,000 dealers, CarWoo intends to use this round of funding to continue that level of growth with their consumers, to launch new products, to further develop the team and to cultivate strategic partnerships.


 

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