Waymo announced that it closed an “oversubscribed” investment round of $5.6B, led by Alphabet (GOOG) (GOOGL) (GOOG, GOOGL), with continued participation from Andreessen Horowitz, Fidelity, Perry Creek, Silver Lake, Tiger Global, and T. Rowe Price. “With this latest investment, we will continue to welcome more riders into our Waymo One ride-hailing service in San Francisco, Phoenix, and Los Angeles, and in Austin and Atlanta through our expanded partnership with Uber. We’ll also continue advancing the Waymo Driver – our AI-powered autonomous driving system – to support a variety of business applications over time,” the company said in a statement.
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