Nasdaq-listed Zipcar is the latest beneficiary of venture funding to turn to corporate venturing, leading a $13.7m round for the peer-to-peer car sharing company.
Car sharing company Zipcar has backed the $13.7m series A of Wheelz, a peer to peer [P2P] car sharing company targeting US college campuses.
Zipcar joins the growing crowd of companies which owe part of their successs to venture financing to turn to corporate venturing joining the likes Japan-based gaming company Nexon, US-based social gaming company CrowdStar and US-based cloud company Box.net which all started investing last year.
Zipcar listed on Nasdaq in 2010, after raising venture funds from…
