CarWoo! Closes $6M Funding

CarWoo!, a Burlingame, CA-based car online marketplace, has closed a $6m funding round.

Backers include InterWest Partners, Comcast Ventures, Blumberg Capital, Raymond Tonsing and others.

The company plans to use the funding to launch new products, to further develop the team and to sign strategic partnerships.

Founded in 2008 by CEO Tommy McClung, Erik Landerholm and Michael Young CarWoo! provides a platform to connect car buyers and dealers (See here how it works)

The company also added Rudi Thun, formerly General Manager of AOL Autos, as Chief Operating Officer and Phil Yeh, previously from Dealix, as Vice President of Marketing.



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