All posts tagged: corporate news

TaskRabbit Closes $17.8 m Series B Funding Round Led by LightSpeed Venture Partners

2011 has been quite a banner year for us at TaskRabbit…Since January, we have steadily and strategically expanded our service to various cities throughout the country – from SF  to LA and Orange County to NYC to Chicago. In May, we closed our Series A funding led by Shasta Ventures. This summer, we launched our awesome iPhone app. In September, we were honored to be featured on ABC World News with Diane Sawyer as a solution to the economic crisis in this country.  A month later, we hired a stellar CEO, Eric Grosse, to work with Leah as she focuses on the product strategy. Over the year, we have gained significant momentum – tripling our monthly Task volume and increasing our customer base seven fold. Phew, it’s been quite a year! It is only fitting then that we would round out 2011 with even more exciting news – the closing of a $17.8 m round of financing led by LightSpeed Venture Partners. In addition to TaskRabbit’s existing investors – 500 Startups, Baseline Ventures, First Round Capital, FLOODGATE …