Lyft raises $600M at $7.5B valuation

Lyft has raised a total of $600 million in new funding, with a post-money valuation of $7.5 billion, the company announced via its blog on Tuesday. Reports had indicated the raise was in process, though the most recent figure pinned the total at $500 million, though that was prior to its closing. Lyft’s investment included new funding partners including Canada’s Public Sector… Read More...