Lyft Raises $60M Funding From Andreessen Horowitz to Expand Ride-Sharing Internationally

The peer-to-peer ride-sharing company brings down a huge round.
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Sunil Paul’s SideCar Ride-Sharing App Will Flag a Stranger’s Car for You

After my last meeting on Friday in downtown San Francisco, a stranger pulled up to the curb driving a blue Lexus.
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Zimride Turns Regular Cars Into Taxis With New Ride-Sharing App, Lyft

Here’s one to watch: The ride-sharing service Zimride, which has focused on matching riders and drivers for long trips, is launching a new on-demand ride-sharing app called Lyft.
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News Byte

Ridejoy Collects $1.3M for Matchmaking Road-Trippers

A good way to raise start-up funding these days seems to be saying you do “collaborative consumption.” (It’s about helping people share underutilized resources; probably the best-known example is Airbnb.) The latest such deal is San Francisco-based Ridejoy‘s seed round of $1.3 million from Freestyle Capital, Lerer Ventures, SV Angel and others. Ridejoy matches drivers and passengers — who are screened using their Facebook profiles — for trips of at least 50 miles on the West Coast of the U.S. A direct competitor is Zimride.

News Byte

Zimride Raises $6M for Ride Sharing

Ride-sharing service Zimride said today it has raised $6 million in Series A funding led by the Mayfield Fund. The “community economy” company has signed up 120 universities and companies to facilitate local carpools, and now it’s looking to expand publicly to popular driving routes. To help connect drivers with trusted passengers (and future offline friends, perhaps!), Zimride uses Facebook and helps facilitate payments.