Car Advisory Network has taken $6.5 million Series A in a round that included Accel Partners and Greylock Partners.
Seattle based Car Advisory Network operates TheCarConnection.com, a “source for news and reviews, spy shots and shopping guides, tips and expert advice” on cars. The site also operates several email lists and publishes the “Weekly Car Guide.”
A company listing at IVC-Online notes that Car Advisory Network is “developing a next generation network media platform in the auto industry,” was established in April 2007 (TheCarConnection.com was founded in 1997), has five employees and is currently in “stealth mode.”
(via PEHub)
probably a social network for cars.
It is so sad that they can not even put a proper “title”.
not as bad as them looking for developers with only 1-2 years experience.
ha…they took the web site down and replaced it with a landing page.
guess they were only kinda stealth…
it’s a ‘me-too’ site, nothing really special about it
might as well give the VC cash to MotorTrend or CarandDriver, to make their site very “web 2.0″
@2. I was wondering what you are talking about, but then visited the site and
saw it myself. Man, you get a $6.5M funding and you can’t put a title on your launch page. To me it would look like another 16 year old coder start up.
That’s a lot of negative feedback from the skeptics- but has anyone bothered to see who is behind this organization? 3 of the “5 employees” look like pedigree executives from across the industry- COO from edmunds, CTO from yahoo!, CEO has launched 2 Internet startups successfully before…
Nor would Greylock or Accel casually throw $6+ mil behind a lame me-too idea. I bet we’ll see something rather impressive
Do we have names on the CTO / COO? I didn’t see them mentioned in the article.