From Uber to Atoms: Travis Kalanick’s $1.7 Billion Return
Travis Kalanick has raised $1.7 billion for his Los Angeles-based company Atoms, formerly City Storage Systems, in a round led by Andreessen Horowitz that includes participation from Uber, Bain Capital and Fifth Wall. Ben Horowitz joined the board while major banks back the debt portion. The move marks the ousted Uber cofounder’s high-profile return to the startup scene nearly a decade later, giving LA entrepreneurs fresh evidence that bold redemption stories can still attract massive capital.
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