Elevator company Uber raised $15 million in new funding on Wednesday, bringing its total valuation to $18.7 million.
The company also said that it will invest $5 million in North Dakota in its second annual expansion effort.
The company has expanded to nine new markets in the state since its first expansion, bringing the total to 30 cities and towns.
Uber has invested $15.6 million in its North Dakota operations, including a $2 million loan to the North Dakota Office of Economic Development.
The announcement comes after the company said in April that it would invest $15 billion in its operations in the U.S. in the next five years.
The firm said that its North Carolina expansion is expected to create as many as 1,400 jobs.
The expansion, the first in the region, will create a new office in the city of Fargo, as well as a new facility for Uber’s headquarters.
The North Dakota office is expected be ready for occupancy in 2021, while the Fargo office is slated to open in 2021.
Uber also said it is adding two new regional offices in the coming months.
The Uber-owned Elevator Services of North Dakota has expanded its business into six new cities since the company’s first expansion in North Jersey in 2008.