In The News

Uber raises $1 Billion from investors in another round of fund raising

February 19, 2015

There’s pressure on the company to launch new services like UberPool, along with its international expansion. Parks Associates analyst Tejas Mehta said that these all are expensive alternatives and the company can make use of all the cash it gets.

According to the company, "The participation we have seen in Uber's Series E underscores the confidence investors have in Uber's growth and the key priorities of UberPool and further international expansion”.

From the article "Uber raises $1 Billion from investors in another round of fund raising" by Andrew Cosby.

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Uber raises $1 Billion from investors in another round of fund raising

Previously In The News

A new frenemy: Apple is going Hollywood. But it’s been a bumpy ride.

Smart home devices are 'valuable' to 75% of those who use them

For Sprint, T-Mobile, Plans Will Be Unlimited—And Less.

Cutting the cord: 59% of Americans have canceled cable TV, signaling the dominance of streaming giants Netflix, Hulu and Amazon

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