As reported by TechCrunch in February, valet service Luxe has now confirmed that it has raised $50 million in Series B funding from car rental company Hertz. Redpoint Ventures and Venrock will also be participating in the round. Luxe also announced that Hertz Global Holdings CEO John Tague will be joining Luxe's board. "Our investment will support Luxe's ability to scale… Read More
Source: TechCrunch