Uber Hails Fenwick for $1.2 Billion Cash Infusion

, The Recorder


Uber Technologies Inc. threw down the gauntlet in the on-demand transportation wars Friday, announcing that it had secured $1.2 billion in additional funding, which valued the 4-year-old company at $17 billion. It turned to longtime counsel Fenwick & West for legal advice on the raise, which catapulted Uber to one of the highest valuations ever reached for a venture-backed business.

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