BlaBlaCar raised a new $115 million funding round led by VNV Global.

BlaBlaCar, a Paris, France transportation company, announced completing a funding round of $115 million.

The money was raised via a convertible note from investors led by existing shareholders from VNV Global, joined by two new investors Otiva J/F AB and FMZ Ventures.

BlaBlaCar, founded in 2006 by Francis Nappez, Frédéric Mazzella and CEO Nicolas Brusson, started as a carpooling marketplace, that has become a fully fledged transportation company, as it also added a bus marketplace with the acquisition of Ouibus and an online bus ticketing platform with the acquisition of Busfor.