GetTaxi Is Raising $150 Million to Take On Uber

While Uber and Lyft were busy with their pissing match this week, another taxi startup just announced a new mega funding round

GetTaxi, an Israel-based taxi startup, announced Wednesday that it has raised $25 million of a larger $150 million Series D round of funding that it expects to close by the end of this year. Once closed, that will bring GetTaxi's total funding to more than $200 million.

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The company's plan is to use the additional funding to help fuel its expansion in cities throughout Europe and to launch an ride option for businesses in New York. It already serves consumers in New York, under the name Gett Read more...

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