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As Groupon’s Fortunes Shift, Chicago Sticks By It

Not long ago, the daily deals giant Groupon was the toast of Chicago, a press darling that received the blessing of Oprah Winfrey, was commended by Forbes as the “fastest growing company ever,” and even reportedly spurned a multibillion-dollar buyout offer from Google. A Chicago Tribune headline from last December summed up its place in […]

GrubHub Secures $11 Million In Series C Round

GrubHub closed its Series C funding with $11 million. Benchmark Capital led the round for the online service for ordering restaurant takeout and delivery meals. The capital will allow Chicago-based GrubHub to invest in its online and mobile solutions, and to expand marketing and sales efforts. It has raised a total of $14.1 million to date.

GrubHub Raises Second Round

GrubHub, an online service for ordering restaurant takeout and delivery meals, has raised $2 million in Series B funding. Origin Ventures and Leo Capital co-led the round, and were joined by return backer Amicus Capital. The Chicago-based company will use the capital to expand its services to Boston, San Francisco and New York City. www.grubhub.com

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