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Online Pre-Owned Car Retailer Vroom Raises $50 Million

Vroom (www.vroom.com), the online pre-owned car retailer, announced the completion of a $50 million Series E funding round with new investors Altimeter Capital and Foxhaven Asset Management, joining previous investors L Catterton, General Catalyst Partners, Allen & Company, and funds and accounts advised by T. Rowe Price Associates, Inc. Today’s financing brings Vroom’s total funding to $218 million since inception.

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