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18 May 2015

Lyft series E climbs to $680m

Lyft has secured a $150m extension to a $530m series E round led by Rakuten in March, with $100m of the new funding comping from Icahn Enterprises.

Author: Thierry Heles, Reporter

US-based ride sharing service Lyft raised $150m on Friday to extend its series E round to $680m, after securing $530m in March this year from investors including internet services company Rakuten.