Lyft valued at about $7.5B in new funding round

|By:, SA News Editor

That's above the $6B-$7B range hoped for in March when it was first reported that Lyft (Private:LYFT) was looking to raise $500M.

At this point, it's not clear who invested in this latest round.

GM in 2016 invested $500M in Lyft at a $5.5B valuation.

Among interested parties: UBER