Recent privacy concerns surrounding Uber haven’t soured investors on the ride-sharing startup, which just raised US$1.2 billion from investors in its latest funding round.

In 2014, Uber launched operations in 190 cities and 29 countries, and is six times larger than it was a year ago, Uber CEO Travis Kalanick wrote in a blog post on Thursday announcing the cash injection. Uber’s service, which allows customers to use an app on their smartphones to arrange a ride, is available in more than 250 cities in 50 countries.

“This progress is remarkable, but it is in the coming years that Uber truly scales and the impact in cities becomes visible. This kind of continued growth requires investment,” he wrote.

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