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Venture Capital News: Lyft Lands $530M Series E

2015-03-12
SAN FRANCISCO, CA, Lyft has raised an additional $530 million in a funding round led by Japanese online retailer Rakuten.
According to published reports, ride-sharing service Lyft has raised an additional $530 million in a Series E funding round led by Japanese online retailer Rakuten Inc.

Lyft is a made-for-mobile, ridesharing app that was geared towards ridesharing within a city as opposed to between cities.
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