EatStreet, a Madison, Wis.-based online and mobile food ordering company, closed $15m in Series C financing.
The round, which brought total funding to almost $30m, was co-led by 4490 Ventures and Lumia Capital, with participation from GCI Capital, MATH Venture Partners, the State of Wisconsin Investment Board, gener8tor, Cornerstone Angels, Independence Equity, and several Wisconsin angel investors.
The company intends to use the funds to continue to increase market share in existing cities, grow operations in additional cities, and make technological advancements to its core products.
Founded in 2010 by Matt Howard, CEO, EatStreet is an independent online and mobile food ordering service that streamlines commerce between restaurants and diners.
The platform now includes more than 15,000 restaurants in more than 250 cities nationwide.
FinSMEs
03/12/2015