DriverSide, a Web site that gives car advice to consumers, has raised $2 million of an expected $3 million in a third round of funding. Allegis Capital and Catamount Ventures participated in the round, according to a filing with the SEC.
Based in San Francisco, DriverSide helps car owners get estimates for auto repair, track recall notifications and get advice from mechanics. The site also calculates a car’s depreciation, allowing consumers to figure out the best time to sell.
DriverSide last raised $5.3 million from the same investors in March 2009 and has raised more than $10 million to date.