- Associated Press - Friday, September 25, 2015

FRANKFORT, Ky. (AP) - A Lexington-based recycling company raised $50 million in its latest round of financing that included investments from Uber executives and actor Leonardo DiCaprio.

Rubicon Global operates in all 50 states and helps companies figure out the best way to dispose of their waste. The company was founded in 2008 by Lexington native Nate Morris.

The company’s new investors include Wall Street staples Goldman Sachs and Wellington Management Co. along with David Plouffe, a board member for the ride-sharing service Uber better known as the campaign manager for Barack Obama’s 2008 presidential campaign.

Morris said he plans to use the money to update the company’s technology and on-demand services. Morris said the latest financing values the company at $500 million.

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