REPORT: Uber Is Trying To Raise At Least $1 Billion With A Valuation Of Over $17 Billion

Uber is trying to raise at least $1 billion in new capital at a valuation of over $17 billion, The Financial Times reports.

The Times' Tim Bradshaw reports that Uber is in early fundraising talks less than six months after raising $1.2 billion at a $17 billion valuation in a Series D in June.

Uber is already Silicon Valley's highest-valued private company, and a new round would bring its total amount raised to $2 billion.