BlablaCar Raises $10M in Funding

BlablaCar, a marketplace that connects drivers who have empty seats with paying passengers, has raised $10m in funding.

The round was led by Accel Partners, with participation from existing investors ISAI and Cabiedes & Partners.

The company intends to use the funds to accelerate the growth of its European businesses.

Founded in 2006 and led by co-founders CEO Frederic Mazzella, Francis Nappez and Nicolas Brusson, BlablaCar is a community-based, travel service, which is known as in France, in Spain, and in the UK.

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