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SANTA MONICA, Calif. — TrueCar revealed Tuesday that it has gained access to new financing that can help push its growth and acquisitions further.

More specifically, included in the $35.5 million round of funding is a $21.1 million credit facility from Silicon Valley Bank as well as financing from USAA, Capricorn Investment Group and GRP Partners.

"We are really pleased to be working with the team at TrueCar," noted Jack Garza, relationship manager at Silicon Valley Bank.

"The company has made great progress, and we look forward to continuing to support its growth," he added.

Sharing some of TrueCar's growth, officials noted that the site has seen more than 6.5 million impressions. Also, every month it sends out more than 1 million TrueCar price reports.