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December 7, 2011 03:14 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qFRizJ2K3kA/
Uber Gets $32M From Menlo Ventures, Jeff Bezos And Goldman Sachs
Just 18 months into operations, Uber CEO Travis Kalanick just announced that the car service company has closed $32 million in funding lead by Shervin Pishevar's Menlo Ventures, Jeff Bezos and Goldman Sachs. Following on will be Benchmark Capital and a who's who of angel investors. With regards to valuation Kalanick said, "We sold very valuable shares."The funding total can extend up to $39 million, Kalanick said, but Uber has only closed $32 million of that number. Three years ago Kalanick and Garrett Camp came up with the idea for Uber in Paris, so it is fitting that he would announce the new funding in the French capitol, "Uber is in part a french company," he said onstage.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qFRizJ2K3kA/
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