Funding Comes As Traffic and Revenue Grow Substantially
With Owned and Operated Network of 38 automotive websites
Palo Alto, Calif., June 30, 2009 —High Gear Media (www.highgearmedia.com), a publisher of automotive digital media, announced today it has completed a $5.5 million Series B funding round that brings the company’s total capital raised to $12 million. DAG Ventures, a new investor, led the round and existing investors Accel Partners and Greylock Partners also participated. The company’s Series A funding of
Wanted to let you know about a recent feature release we think is pretty cool (a few super observant users have already noticed). We’ve integrated real-time Twitter conversations about cars on a make/model basis across our 38 web sites, creating a new page with this information for virtually any car you are looking for. Here’s a quick peek:
This is a unique way for you to see up to the minute links, references, news, buzz and more about any car
Over the weekend here at High Gear Media HQ, we released an integration with Facebook Connect. The new feature allows you to sign into our 38 automotive web sites using your Facebook login, comment on stories we produce more easily than ever, and then quickly share those comments with your friends through your Facebook profile.
We’re really excited about this new feature and curious to see where you take it. There have been some interesting,