Floating money

Every two weeks, we round up some of the biggest fundraises taking place in hyperlocal marketing, commerce, and tech.

Wednesday, November 18: Salido snags $2 million to make restaurants more efficient
Salido, which builds software capable of managing all aspects of a restaurant’s business, bagged $2 million in seed funding earlier this month, TechCrunch reported. Salido’s software purports to cover all of a restaurant’s needs, including reservations, deliveries, payment, inventory, and labor management. High Line Venture Partners led the round, which Salido will use to launch an API designed to integrate its software with the growing number of online ordering tools and expand its restaurant base from 50 to over 350.

Wednesday, November 18: TinyRx picks up $5 million seed to send meds to your door
Google Ventures, StartX, and 8 Partners have contributed $5 million in seed funding to TinyRx, a prescription delivery service, according to The Next Web. TinyRx will use the capital to scale

[Read the full story here ]
Source: Street Fight