Tech Company Financing Transactions
Uber Funding Round
Uber, based in San Francisco, secured $1.2 billion in funding from Baidu Venture Capital and private investors.
Transaction Overview
Company Name
Announced On
9/7/2015
Transaction Type
Venture Equity
Amount
$1,200,000,000
Round
Undisclosed
Investors
Baidu Venture Capital (Lead Investor)
Proceeds Purpose
Uber previously said it had earmarked at least $1 billion in a previous fund-raising to grow throughout Asia, and it will use the additional financing to continue in the same vein.
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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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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