News that Avis Budget Group plans to buy top car sharing network Zipcar for $500 million opened some eyes this morning. But the deal could have some trouble going through, with a law firm announcing it is investigating whether Zipcar didn’t get the best deal possible.
Car sharing startup RelayRides has raised $3.6 million in a round of funding only five months after its last, according to a form D filed with the SEC. Involved in the round are Google Ventures, August Capital.
Getaround, a car rental marketplace that makes it dead simple to rent your car or take a spin in a total stranger’s, officially launched today. And as TechCrunch Disrupt judge Chris Sacca noted during the startup’s presentation today, it’s the sort of well-executed idea that simply makes you say “holy shit.”