Google Ventures Chooses Uber to Make Its Single Largest Investment of $258 Million
Uber is the luxury private car company that is going places. It has successfully raised a substantial funding of $361.2 million. More important than the fact is that the major portion of that funding amounting to $258 million is believed to be provided by Google Ventures. With Google money going to it Uber has suddenly become a hot and serious investor commodity. The news about the latest investment was unearthed by AllThingsD who managed to get hold of the Certificate of Incorporation. According to experts and analysts the investors had valued Uber at around $3.4 billion and TachCrunch believes that the valuation of the company has gone up to $3.76 billion after the funding. Uber’s Clients Are Tracked Throughout Their Trip The basic service of Uber is to provide a luxurious and comfortable ride to its clients on demand. You may request for the ride using the service’s iPhone and Android apps or from its mobi site after registering your credit card. The advantage of the ser...