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BlaBlaCar to Seek Private Funds at $1 Billion Valuation

Comuto SA’s BlaBlaCar, a carpool platform that connects drivers with passengers, is seeking new financing that would value the company at more than $1 billion, people with knowledge of the matter said.

The people asked not to be identified discussing private information. This would be BlaBlaCar’s fourth round of financing, after raising $110 million from venture capital backers including Accel Partners and Index Ventures.