Today, Waymo announced its Series C funding round closed at an oversubscribed amount of $5.6 billion, led, of course, by Alphabet, Inc.

Following its latest investment, the company said it would continue to expand its Waymo-One rideshare services around current cities like Los Angeles, San Francisco, and Phoenix. In 2025, the company also plans to expand robotaxi rides to Austin, Texas, and Atlanta, Georgia. The expansion of cities has resulted from an ongoing partnership between Waymo and Uber.