16-05-2017 14:46 via feeds.bizjournals.com

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
Read more »