Thursday, August 1, 2013

Flywheel Gets $14.8M To Help Taxis Fight Uber, Lyft, Sidecar

San Francisco-based mobile app developer Flywheel, the developer of a mobile app which helps connect consumers with taxi rides, has raised $14.8M in a funding round. The Series B funding was led by Craton Equity Partners, and also included RockPort Capital and Shasta Ventures. Flywheel develops mobile apps which lets users summon rides, in a similar way to Uber, Lyft, and Sidecar--however, those rides are provided by fully licensed taxi fleets. More information »