May 27, 2013
California Gives Ridesharing Service SideCar The Green Light
The California Public Utilities Commission (CPUC) has granted SideCar formal permission to run in the state, as was first discovered by All Things D. The CPUC first issued cease-and-desist orders...
May 23, 2013
Lyft Announces New Funding, Passes 30,000 Rides Per Week
On-demand ridesharing app Lyft has announced that it raised $60 million led by venture capitalist firm Andreessen Horowitz, according to a report by TechCrunch. The media outlet says the San...
March 26, 2013
Lyft Acquires Cherry, Plans Seattle Launch
Ride-sharing service Lyft has acquired the operations team behind on-demand car wash startup Cherry. “Having someone strong in operations was going to be really important,” Lyft co-founder John Zimmer told...
March 10, 2013
Ride-Sharing, eHailing Apps Compete At SXSW
Ride-sharing and eHailing services Uber, Lyft, and SideCar are all making headlines through various offering and promotions at South By Southwest. Uber has made its UBERx service available for the...
February 13, 2013
Pining For PYMNTS: A Valentine’s Day Special
Which payments innovator are you crushing on this Valentine’s Day? That’s the question we posed to several industry leaders as we learn who’s turning heads and winning hearts in the...
February 01, 2013
Uber Keeps Pace With Lyft, Makes Deal With Regulators
eHailing app Uber has reached an agreement with the Californio Public Utilities Commission, avoiding the $20,000 fine and cease-and-desist action levied against it in late 2012. “The agreement states that...
January 31, 2013
Zimride, Parent Company Of Lyft, Raises $15 Million
Zimride, the parent company of ride-sharing service Lyft, has raised $15 million funding from a round led by Founders Fund, reports TechCrunch. Existing investors Mayfield Fund, K9 Ventures and Floodgate...
January 30, 2013
Lyft Expands To L.A. After Reaching Deal With California Regulators
Lyft has announced that they’ve reached a deal with the California Public Utilities Commission to remove fines and allow it to continue operating in state, reports TechCrunch. The ride-sharing company...
January 07, 2013
Startup Roundup: Who’s Getting Funded?
Here’s our Startup Roundup: a (close-to-) comprehensive list of each of the startup companies in payments and/or eCommerce to receive at least $1 million in funding from equity investors in...
