Uber Lands $1,600,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=10b2d851-5db4-46f6-b71d-e67bf592e438
Date
1/22/2015
Company Name
Uber
Mailing Address
1455 Market St. 4th Floor San Francisco, CA 94103 USA
Company Description
The company has created a mobile application that allows users to request car service to pick them up wherever they are located.
Website
http://www.uber.com
Transaction Type
Debt
Transaction Amount
$1,600,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The company will use the proceeds to continue its international expansion and to invest in research and development and improving safety.
M&A Terms
Venture Investor