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Venture Capital News: Uber Raises $1.2B

2014-06-06
SAN FRANCISCO, CA, Uber has raised $1.2 billion in funding.
According to the Wall Street Journal, Uber has raised $1.2 billion in funding. Investors include Fidelity Investments, Wellington Management, and BlackRock Inc., according to the Wall Street Journal, with Summit Partners, Kleiner Perkins, Google Ventures, and Menlo Ventures also participating.

Uber is evolving the way the world moves. By seamlessly connecting riders to drivers through our apps, we make cities more accessible, opening up more possibilities for riders and more business for drivers. From our founding in 2009 to our launches in over 35 cities today, Uber's rapidly expanding global presence continues to bring people and their cities closer.
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