Q&A: Travis Kalanick on Uber's New $17 Billion Valuation
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Uber Technologies, the company that allows people to order taxis and private town cars via a smartphone app, has just raised $1.2 billion in a fundraising round that values the four-year-old startup at an astounding $17 billion.
Investors include Fidelity Investments, Wellington Management, Summit Partners, BlackRock, and the venture capital firm Kleiner Perkins Caufield & Byers, in addition to previous Uber investors such as Menlo Ventures and Google’s investment arm, Google Ventures.