EuroCrunch

A window on European internet & mobile startups and venture capital

Saturday, December 02, 2006

 

Car-sharing Zipcar raises $25M Round C and launches in London

ZipCar, a car-sharing company started out of MIT in 1999, announced a $25M third round of equity financing to expand its operations to new geographies. In particular, they are deploying 25 cars in London, expecting to grow to 100 vehicles in 2007.

I am a very happy Zipcar customer here in Boston, I think they are bound for success in Europe as well.

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