Has Lyft Actually Overachieved In The War Against Uber?

News emerged last week that ride-hailing service Lyft raised $530 million in Series E funding. This number may pale in comparison to the billions that Uber has raised so far in 2015 but it's still nothing to scoff at. In fact, this recent round of investment brings Lyft's valuation up to a whopping $2.5 billion.