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Uber Rival Hailo Reportedly Set To Close $30M Funding Round As It Expands In The U.S.

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http://techcrunch.com – London-based mobile taxi network Hailo is set to close a $30 million round of funding as it sets its sights on the U.S. market, reports AllThingsD. The Series B funding round is likely being led by Fred Wilson of Union Square Ventures. Earlier this year, Hailo raised a $17 million round of series A financing led by Accel Partners. According to AllThingsD’s sources, the new round values Hailo at about $140 million, a discount from Uber which was valued at more than twice that amount when it closed $32 million in Series B funding one year ago. Hailo launched in London in 2011 and landed (IT news)