Thursday, June 8, 2017

Report: Uber Eyes Luxe's Technical Team

Ridesharing service Uber is looking to acquire the technical team behind Luxe, the luxury car parking startup backed by LA's Upfront Ventures, according to the WSJ. The WSJ said the "acqhire" is focused on part of Luxe's engineering team, rather than the whole company. Luxe is venture backed by Redpoint Ventures, Google Ventures, Sherpa Ventures, Lightspeed Venture Partners, Upfront Ventures, Foundation Capital, BoxGroup, Slow Ventures, Data Collective, Eniac Ventures, Rothenberg Ventures, as well as others. Upfront made its investment in Luxe in 2014.