TrueCar gets $30 million from Paul Allen's Vulcan Capital

(Reuters) - TrueCar.com, a car pricing information website, said it received a $30 million investment from Microsoft Corp co-founder Paul Allen's Vulcan Capital. Vulcan Capital, the investment arm of Vulcan Inc, has been investing $10-$100 million in internet and technology companies. "We believe TrueCar.com's negotiation-free car buying platform has demonstrated significant traction in changing the way consumers behave in one of the largest segments of the economy," said Abhishek Agrawal, managing director at Vulcan Capital.

via Tech News Headlines - Yahoo News http://news.yahoo.com/truecar-gets-30-million-paul-allen-39-vulcan-185917676--sector.html