
Just-Eat secures $48m funding round
Greylock Partners and Redpoint Ventures have co-led a $48m funding round for UK online food takeaway business Just-Eat.
The new backers were joined by existing investor Index Ventures, which led a £10.5m series-A funding round for Just-Eat in 2009. The investment will be used to accelerate the company's international roll-out, and further develop the consumer web offering and range of services provided to partner restaurants.
Just-Eat was founded in Denmark by five entrepreneurs in 2000, launching in 2001. It is now headquartered in Edgware, UK. The Just- Eat website enables customers to browse reviews and menus for all restaurants in its network and subsequently order and pay for meals online.
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