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November 23, 2017 02:57 pm GMT
Lyft is seeking to raise an additional $500 million, over and above the $1 billion it raised in a round led by Alphabet venture arm CaptialG last month. The $500 million is an extension of that round, the company told Axios, and is not yet closed. But it should add to Lyft’s overall valuation once closed, bringing its post-many total to $11.5 billion. The round extension would allow Lyft… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/SpS-Ax8rzSA/
Lyft raising additional $500 million on top of recent $1 billion round
Lyft is seeking to raise an additional $500 million, over and above the $1 billion it raised in a round led by Alphabet venture arm CaptialG last month. The $500 million is an extension of that round, the company told Axios, and is not yet closed. But it should add to Lyft’s overall valuation once closed, bringing its post-many total to $11.5 billion. The round extension would allow Lyft… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/SpS-Ax8rzSA/
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