Uber to sell U.S. auto-leasing business to Fair.com: WS... - https://wp.me/p8XyML-feX - #Autoleasing, #Business, #Faircom, #Sell, #Tech, #Uber, #WS
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Uber to sell U.S. auto-leasing business to Fair.com: WS... - https://wp.me/p8XyML-feX - #Autoleasing, #Business, #Faircom, #Sell, #Tech, #Uber, #WS

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Flexible car ownership marketplace Fair.com nabs up to $1B from BMW, Penske and Sherpa Capital
Flexible car ownership marketplace Fair.com nabs up to $1B from BMW, Penske and Sherpa Capital
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Fair.com — an all-digital car marketplace that was co-founded by car industry vets Georg Bauer of BMW, Mercedes-Benz, and Tesla; Scott Painter of TrueCar; and Fedor Artiles of Mercedes-Benz, Chrysler, Volkswagen, and Tesla — has been largely operating under the radar since quietly launching its business earlier this year. But today, it’s coming roaring down the street, ready to take on…
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Our database is different than others. We’re not a pure relational database,” he said. “We’ve always been a bit more designed for high-performance applications. If you follow the database market, the majority of the market in the last year has been about SQL. We have SQL as well, but our technology has been designed to use and take advantage of the non-SQL way to handle the data, so that’s made a difference for us."
Evaldo H. de Oliveira, director of business development at FairCom - August 2015