High Gear Media Scores $5.5 Million For Auto Media Network

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High Gear Media, the publisher of automotive media sites, has secured $5.5 million in Series B funding led by DAG Ventures with Accel Partners and Greylock Partners participating. The company raised $6.5 million in Series A funding in November 2007 from Accel Partners and Greylock Partners.

High Gear will use the funds expand its media network and acquire other media properties. High Gear owns and operates 38 auto websites including TheCarConnection.com, GreenCarReports.com, AllCarsElectric.com and
AllAboutPrius.com.

The network’s sites aggregate automotive content from around the web and syndicate content to other automotive websites and news sites such as Yahoo! Autos, The San Francisco Chronicle and Glam Media, among others.

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