EatStreet continues to attract investors, announcing today that it closed a $15 million Series C financing round.
According to a release, EatStreet will use the money to fuel growth in additional cities, increase market share in existing cities and make key technological advancements to its core products.
“We’re thrilled to announce this most recent round of investment,” CEO Matt Howard said in a statement. “It’s unbelievable to think that just a few years ago there were three of us in a dorm room, building a product that we thought would change the way people ordered food. And today, we’re processing millions of orders for customers nationwide.”
4490 Ventures and Lumia Capital led the round, which included participation from GCI Capital, MATH Venture Partners, the State of Wisconsin Investment Board, gener8tor, Cornerstone Angels, Independence Equity and several angel investors.
EatStreet, which has accumulated nearly $30 million in total investments, is located in more than 250 cities nationwide and has more than 15,000 restaurants in its system.