Just-Eat Closes $48 million Funding To Scale Globally

London based Just-Eat, an online take-out ordering service, has closed a financing round of $48m co-led by two leading VCs, Greylock Partners and Redpoint Ventures, with existing investor Index Ventures also participating.

Just-Eat now plans an international roll-out. Right now it’s in ten countries and three continents and working with 15,000 restaurants. The company claims to generate over $500m of revenue for local businesses in 2011, buy linking up normal restaurant POS and ordering systems with an aggregator site which takes orders for takeaway food.