RelayRides Tops Off the Tank to Fuel Car Sharing Service

RelayRides, a car sharing service which connects people with available cars nearby, has added an additional $3.6 million to its first round of capital. It has now raised $10 million. Shasta Ventures and Lisa Gansky, author of The Mesh: Why the Future of Business Is Sharing, are joining Google Ventures and August Capital in the round, which will pay for its expansion in San Francisco and Boston.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald