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About EcoRide

EcoRide lets you find people with whom you would really like to share a ride. Using special filters, you can find people with common interests, friends, studies or work. To set your mind at ease EcoRide also offers security solutions like phone and e-mail verifications, online payments, cancellation policies and ratings from other users. But to make it even more exciting - we are rewarding our users with points and special offers from our partners. With EcoRide you can go greener, save money, meet interesting people and experience the wonderful aspects of ride-sharing.

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Global Investment, Inc., 88 Green Ventures and Vision Ridge Partners. Green Car Congress: Electric bus company Proterra closes $23M Series B investment

Nov 26, 2012

Electric bus company Proterra closes $23M Series B investment 21 November 2012 Proterra Inc, the developer of a battery-electric fast-charge transit bus, the EcoRide, has closed a $23 million Series B financing round amid rising demand for its transit solutions. Proterra has tripled orders under contract for the EcoRide from public transit agencies in the past twelve months and is planning for its current growth path to continue. The round was led by new investor, Hennessey Capital, who joined additional outside investor NMT Capital as well as existing investors, Kleiner Perkins Caufield & Byers, GM Ventures, Mitsui & Co. In conjunction with the investment closing, Rajiv Ghatalia, President and Founder of Hennessey Capital Management LLC, will join Proterra’s Board as an advisor. This investment round is intended to accelerate EcoRide bus deployment to new US transit customers, open new markets and spur next generation system offerings, Proterra said. Proterra has grown from two to seven major transit agency customers. Earlier this year, EcoRide became the first heavy-duty electric transit bus to complete federally required durability and reliability testing at the Bus Research and Testing Center in Altoona, Pennsylvania, demonstrating best in class energy efficiency and noise levels.

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