Menu Aggregator Services Just-Eat Raises $48 Million

Just-Eat is a local online takeaway menu aggregator service that has raised $48 million in a second round of funding. The company plans to use the funding to expand internationally. Just-Eat says they are expecting to generate over $500 million in revenue for partner restaurants in 2011. Just-Eat is available across 10 countries and has 15,000 restaurants listed. Greylock Partners, Index Ventures, and Redpoint provided this round of investment. Just-Eat formed in Denmark in 2001 and moved to London in 2008. The company raised $17.9 million in 2009. [paidContent]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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