The funding round included existing investors like Andreessen Horowitz and Founders Fund, but also included new investments from Coatue, Alibaba and Third Point.
The news comes less than a month after Re/codereported a $150 Million funding round was on its way, but the company exceeded that total due to interest from investors. That would have pegged the company's value at $700 million, according to Re/code, significantly less than Uber's $3.5 billion valuation after a similar $258 million funding roundRead more...