Tuesday, February 16, 2016

Uber Picks Up $200M From Russian Billionaire

San Francisco-based Uber has received $200M in an investment round from Russian billionaire Mikhail Fridman, via his investment group, LetterOne, according to LetterOne over the weekend. Valuation and other details of the funding round were not announced. Uber has now raised well over $8 billion in funding. Uber has reportedly been raising a new round of funding valuing the company at $62.5 billion since December.