Uber Confirms $1.2 Billion in Funding, $17 Billion...

Uber Confirms $1.2 Billion in Funding, $17 Billion Valuation

Todd Wasserman, mashable.com

business

Uber on Fri­day announced that it had raised $1.2 bil­lion, bring­ing its val­u­a­tion to $17 bil­lion.

"It’s remark­able that it was only four years ago this week Uber start­ed oper­a­tions in [San Fran­cis­co], con­nect­ing res­i­de…