Silvercar Scores $28M From Audi

Austin-based car rental service Silvercar has raised $28M in a Series C funding round from Audi, the company announced this morning, and expanded into Las Vegas. Silvercar said the Series C funding also included Austin Ventures and Eduardo Saverin, co-founder of Facebook. According to Silvercar, the new funds will help it with accelerating its business and expand into new markets nationwide. Audi North America President Scott Keogh joins Silvercar's board as part of the funding. More information »