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April 29, 2008
UK's Autoquake Raises Gbp6M
Used care online retailer Autoquake has closed a Gbp6M ($11.8M) second round of venture capital funding led by Highland Capital Partners with existing investor Accel Partners. Accel Partners had invested Gbp3M 2006.
Autoquake assists sellers in listing autos on the online auction site by taking photographs of each vehicle and writing up descriptions and specs.
The service initially got some great free publicity by helping England's celebrity's hawk their used vehicles, such as famous footballer David Beckham's first trophy car on eBay - which sold for £6M.
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Posted on April 29, 2008 01:55 AM | Posted to eCommerce | Permalink
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