Lyft Pioneers the Ridesharing Movement

March 17, 2015 –  


We first met Logan and John, Lyft co-founders, in August 2011 when we led the Series A financing.  Many things were different about the company then – it was called Zimride, the value proposition was that of an electronic billboard for short-term ridesharing, the business model was to offer it as a SaaS service to companies.  However, 2 things stood out which remain true of Lyft today – Logan and John shared a vision to make ridesharing mainstream and they were authentic and inspiring storytellers.  Through everything that has followed – the pivot to a consumer app, the expansion into 65 cities, the nurturing of the community, the ability to build a differentiated brand in a competitive market, the growth of their world-class team, and their recent round of financing – they have remained true to that vision.  We congratulate them on their latest milestone and are proud to champion the team at Lyft.

Congratulations to Guru and the entire CloudSimple team!