Monday, January 10, 2011

Restaurant Reservation Startup VillageVines Raises $3 Million

Hearst Interactive Media, early investors in companies like Pandora, Netscape and Local.com, has taken the lead in a $3 million round of funding for VillageVines, a startup that offers member discounts at upscale restaurants in New York, San Francisco, Los Angeles and other major cities in the United States. The media company's interactive arm led the round, which follows a $750,000 round seed funding round, with GrandBanks Capital and High Peaks Venture Partners participating.

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