CarDomain Raises $3m

SEATTLE PI -- June 28 -- CarDomain.com announced Friday it had raised $3m in capital. This is the first outside investment for the 9-year old company, which has survived on $250,000 in seed capital and cash flow. The site is the 19th most visited automotive Web site, just ahead of Chevrolet. The company was founded by Alex Algard, founder of WhitePages.com and makes most of it's revenues from auto parts ecommerce and online advertising. FULL ARTICLE @ SEATTLE PI