Business Insider -
22 Aug 2013 23:59

On-demand driver app and transportation company Uber has raised a new round of financing at a $3.5 billion valuation, according new filing. AllThingsD was first to the paperwork. TPG purchased 775,092 shares at $114.03 a piece for a ~ $90 million investment. It's not surprising a big private equity firm got in the mix; Uber was hunting for an investor capable of cutting a 9-figure check. Google Ventures also invested; AllThingsD's Kara Swisher says that's because Larry Page personally "intervene...
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