August 17th, 2010 
the Chubby Team 
Zimride (http://www.zimride.com) closed a Seed VC round of funding from a set of investors including Undisclosed Angel Investors, K9 Ventures and Floodgate. The company is located in Palo Alto, California.
Zimride is an easy, money saving, and dynamic ride-sharing solution. Now carpooling is fun and reliable. Since launching in 2007, Zimride’s ride-share solutions have served over 300,000 global users. What began as an experiment in sustainability on the east and west coast has quickly evolved into a social online ride-sharing company. The company currently work with companies, universities, bands, and municipalities around the globe. The company’s goal is to use social technology to maximize the efficiency of the company’s transportation system and to reshape the way the company think about transportation. The company’s ride-sharing community is based on simple and intuitive software, which combines Google Maps, familiar social networking components, and the company’s ride-matching algorithm. The company hope that users will come on board with us as the company expand the carpooling community and build a more sustainable transportation system. Get started now, and post their ride!
This Zimride funding from Undisclosed Angel Investors, K9 Ventures and Floodgate was detailed in FundingFlash – a comprehensive daily email detailing companies receiving venture capital, growth equity or angel investment funding.
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