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OPENLANE

OPENLANE is an online auction company in North America for automotive dealers to buy and sell wholesale vehicles.

Acquired by KAR Auction Services on August 15, 2011

Founded: January 01, 1997

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Date	Round	Amount	Investors
Dec 31, 2008	Venture	$ 10,000,000	Meritech Capital Partners August Capital Rpm Ventures
May 27, 2008	Venture	$ 25,000,000	Meritech Capital Partners August Capital Zilkha Venture Partners Rpm Ventures
Nov 01, 2007	Series G	Undisclosed amount	August Capital Meritech Capital Partners Rpm Ventures

Date	Acquired	Amount
There are no acquisitions.

Product	Stage	Description
There are no products.

Person	Role	Period
Jorge Borbolla	Founder	Unknown to Unknown