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Google Capital Invests in Auction.com

IRVINE, CA—The latest investor in the online real estate leader is contributing $50 million, allowing Auction.com the opportunity to benefit from Google Capital's deep expertise in digital marketing and mobile.

By David Phillips | Updated on March 05, 2014

IRVINE, CA—Auction.com is the recipient of a $50-million investment from Google Capital. As part of the deal, one representative from Google Capital will join the Auction.com board of directors and another will take a board observer position.

“Google is the world’s greatest Internet company and we’re thrilled to have the opportunity to work closely with them. This will give us an opportunity to tap into their deep expertise in digital marketing and mobile, as well as in building world-class products,” said Jeff Frieden, CEO and co-founder of Auction.com.

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