Online and mobile food ordering service, EatStreet recently raised $6 million following the GrubHub IPO, but they may be too late for a seat at the table. The funding news comes at a busy time for the online food ordering industry, with IPOs for GrubHub valued at $200 million and Just Eat valued at $600 million. Competition is tight in the market, though investors seem to be enthusiastic about EatStreets’ potential, especially with GrubHub shares soaring after its stock market debut.
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