Tech Company Financing Transactions
Uber Funding Round
On 6/2/2016, Uber raised $3.5 billion in funding from Saudi Arabia Public Investment Fund.
Transaction Overview
Company Name
Announced On
6/2/2016
Transaction Type
Venture Equity
Amount
$3,500,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Uber, which has viewed the Middle East as an important area in its expansion, said the investment further aligned the company with Saudi Arabia as the kingdom planned to transform its economy, reducing its dependence on oil and improving employment.
Company Information
Company Status
Publicly-held
Industry
Transportation
Mailing Address
1455 Market St. 4th Floor
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Website
Email Address
Overview
Uber (NYSE: UBER) has created a mobile application that allows users to request car service to pick them up wherever they are located, as well as provide light delivery and other personal transportation services.
Management Team
Title
Name
Email & Social
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