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Beijing, PRC and Medford, USA – February 2007 – United Automobile Association, China’s leading emergency roadside assistance provider, last week closed Series A2 financing.
Joining existing investors Legend Capital and Ymer Venture Capital in the oversubscribed up-round is Cross Country Automotive Services (CCAS), a leading provider of integrated vehicle and driver programs in North America serving the Automotive, Insurance, and Diversified markets for over 35 years.
This is a tremendous opportunity for UAA to leverage Cross Country’s longstanding industry-wide relationships, proprietary software platforms, and broad operational and business knowledge base. We are very excited about this strategic relationship and warmly welcome CCAS to the UAA family.