alarm:clock

Venture Capital - Tuesday, November 13, 2007

Food Delivery Online's GrubHub Raises $1.1M

grubhub.png
Staying on the subject of food, Lake View, IL-based GrubHub has raised $1.1M in first-round funding led by Origin Ventures. The startup had won a$25K award from the University of Chicago New Venture Challenge. The company was founded by a couple of guys who are getting their MBAs there at the university and who have been writing software at Classified Ventures.

Grubhub just does business in Chicago and San Francisco. It provides an online delivery service and local search engine for restaurants in Chicago and San Francisco. The premise is that there is not a central place on the net to read menus and have food delivered to you. There are, however, several competitors, at least in San Francisco, that include Eat247Hours.com and Delivery.com

View - site

Post a comment




Remember Me?


More Recent Articles

ThumbTech:stocker - Some Fourth of July Fireworks With Washington Mutual

Thursday July 3, 2008

Remember everything we said yesterday about investing in "stable staples" of consumers and small and micro caps that are less volatile? Just forget all of it as we discuss Washington Mutual (WM:NYSE), a stock that looks worse than the fools who stepped in the ring Mike Tyson's during his early fights (you can also add Evander Holyfield and his chewed up ear to the comparison). And yet, we couldn't find a better stock to provide a bigger bang after the Fourth of July and beyond. Some people might think that the folks at tech:stocker have already started celebrating the 4th by recommending a stock that has dropped 38 points since its 52 week high to give it approximately an 88% loss in value for that timeframe. Considering most people would never buy a house again if their current one dropped 88% in value, it's no surprise people have been avoiding this stock as if it got 8 miles to the gallon and looked extremely foolish on today's highways. The reality is Washington Mutual (Wamu) is nowhere near as unwanted as a Hummer and should rebound over the next 24 months. The Hummer on the other hand will continue to...

ThumbTopTenREVIEWS Raises $6M

Thursday July 3, 2008

Utah's TopTenREVIEWS has raised $6M in a venture round from Highway 12 Ventures and Village Ventures. TopTenREVIEWS said the funding will use the funding to expand its online review site, and increase its workforce. TopTenREVIEWS runs an online product and price comparison shopping web site, under the guise of objective reviews of products ranging from video games to anti-virus software. The startup says it plans to boost its headcount by 100 thanks to the investment. TopTenREVIEWS was founded by Jerry Ropelato who was COO of ContentWatch. He launched the company as a resource for parents and as it took-off he branched off into other items to review. The company makes a living through advertising. View - site...

Listen to alarm:clock

alarm:clock © 2004-2008