Tuesday, May 16, 2017

Exclusive: Md.-based restaurant deal app raises $4.8 million on heels of expansion, product revamp

Bethesda-based restaurant discount app Spotluck has closed a $4.8 million Series A funding round led by New York-based venture fund Jobi Capital, Spotluck CEO Cherian Thomas said Monday. Warrenton, Va.-based New Dominion Angels and Texas-based Rank Capital Group, an existing investor, also participated in the round. The money will be used to expand the app’s current markets — Greater Washington, Baltimore, Philadelphia, New Jersey and New York — and to add in-app payments to the technology,…



from http://www.bizjournals.com/baltimore/news/2017/05/16/spotluck-raises-48m.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/160730650847

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