Just-Eat secures funding for international expansion.
London based Just-Eat, an online take-out ordering service, has closed a financing round of $48m co-led by two leading VCs, Greylock Partners and Redpoint Ventures, with existing investor Index Ventures also participating. Although now based out of London it was originally founded in Denmark.
Just-Eat now plans an international roll-out. Right now it’s in ten countries and three continents and working with 15,000 restaurants. The company claims to generate over $500m of revenue for local businesses in 2011 by linking up normal restaurant POS and ordering systems with an aggregator site which takes orders for takeaway food.
No comments:
Post a Comment