In a Series B funding round, the one-of-its-kind startup DriverSide, which caters to car-maintenance needs, has raised $5.3 million. The financing round was led by Allegis Capital, with participation from the company’s founders, along with Catamount Ventures. With the closing of the recent round, DriverSide has raised a total of $8.4 million ever since its inception in September 2007.

There is a lot of valuable, car-related advice for the taking at DriverSide. The unique site provides vast information pertaining to car-servicing, car-evaluation, a peak at current as well as future cars, availability of car accessories, car-selling information and lots more! The advice on all such aspects comes from certified mechanics, and an editorial staff headed by a Yahoo Autos veteran.

As per a recent analysis by DriverSide and Kelton, almost 82% of car-owners are retaining their present cars amid recession. Rather than buying new cars or selling their current ones, a majority of people are looking for low-cost maintenance advice.

According to DriverSide founder Trevor Traina, the site has been able to survive successfully amid the deepening recession, even though other car sites - and the automotive industry on the whole – are struggling. DriverSide, which mostly attracts long-term users, boasts of nearly 250,000 registered users, and is also structuring strategic partnerships with several automotive companies!