Automated imaging company Black Widow said this week that it has recently secured an infusion of cash through a third round of private equity financing totaling $1.5 million. That funding adds to the $3.5 million it raised a little less than a year ago from private investors and family offices. Black Widow said in a […] [Read More]

Predictive analytics and marketing automation company automotiveMastermind has integrated its Market EyeQ sales platform with CARFAX History-Based Value, or CHBV, noting that the integration comes at a time when dealers are using trade-in vehicles more to supplement inventory shortages and rising wholesale prices. Mastermind said with the integration, dealers will be able to choose CHBV […] [Read More]

Reputation management and social media engagement platform Widewail has launched an SMS-driven review generation tool that it says “gives businesses another lever to pull to automatically and continually generate content via SMS.” The tool is called Invite, and Widewail says it delivers a timely review response strategy that keeps customers engaged, satisfied and loyal. Stating […] [Read More]

Automotive marketing cloud company Orbee Auto recently named Peter Fong as chief revenue officer, stating that Fong could improve the company’s offerings “aimed at enabling automotive dealerships to more easily tackle the complexities of today’s digital marketing landscape.” Fong’s more than 26 years of industry experience includes various executive-level sales, marketing and brand management positions […] [Read More]

On Monday, SiriusXM and General Motors announced an extension of their long-term agreement, continuing a relationship that began back in 2002. As part of the new agreement that now stretches into 2027, GM said it will increase vehicles equipped with SiriusXM to nearly all Chevrolet, Buick, GMC and Cadillac units beginning with model year 2021. “General […] [Read More]

A company providing a solution primarily to just independent dealerships in Utah received a funding injection to broaden its customer base nationwide and with franchised stores, too. Carketa, the Utah-based developer of the Carketa Recon Software as a Service app and the Carketa Condition Report announced on Thursday that it closed a $1.375 million seed […] [Read More]

Impact Auto Auctions Ltd., the Canadian business unit of digital global marketplace IAA, said on Thursday it was shifting its online auction platform Impact AuctionNow to a “fully digital experience.” IAA developed AuctionNow, which is an adaptive platform used in the Canadian and U.S. markets. IAA says it developed the platform “to allow product enhancement […] [Read More]

Enhanced Facebook automotive inventory ads as a new capability for the Netsertive Platform will help manufacturers, auto groups, and dealerships “embrace the changing face of consumer shopping behavior,” according to Netsertive. Netsertive, a digital advertising platform for multi-location businesses, said that with the enhancements, the platform can “dynamically optimize ad spend across its existing portfolio […] [Read More]

Shift Technologies has added three new members to its planned public-company board of directors following the approval and completion of its pending merger with Insurance Acquisition Corp. Shift, an online used car marketplace, said all three of the new directors are former executives of global consumer companies. Those companies include General Motors, Wealthfront and Hilton. […] [Read More]

Back in June, Vroom launched its initial public offering; a move the online auto retailer called both “exciting” and “unusual.” Vroom made its next investment move this week, announcing that it has commenced an underwritten public offering of its common stock. Vroom is offering 9 million shares of its common stock pursuant to a registration […] [Read More]