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2015 November

10 Nov

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PeachWorks Releases Premium Version of Log – a Digital Logbook for Restaurants

November 10, 2015 | By |

PeachWorks, formerly WhenToManage, the leading restaurant management cloud platform for franchise chains, independent operations, and specialty retail and food service operations, announced today that its popular app Log is now available in a premium version with enhanced features and additional capabilities. Log, subscribed by 1,250 accounts since its launch in December 2014, has been enabling restaurant managers and employees to stay connected and organized in operating their business efficiently.

Log is a free cloud-based application that allows multiple users to create notes, checklists and task lists in real time via different browsers and devices.

Read more on prweb

10 Nov

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SkySpecs closes on $3M funding round, lands first customers

November 10, 2015 | By |

SkySpecs Inc., an Ann Arbor-based company that provides drones for the inspection of wind turbines, bridges and other infrastructure projects, has closed on an investment round of $3 million.

The company has received approval from the Federal Aviation Administration to fly its drones, has landed its first two customers and hopes to hit at least $1 million in revenue next year.

The investment round was led by Jim Adox, managing director of the Ann Arbor office of Madison, Wis.-based Venture Investors LLC, and joined by Ann Arbor-based Huron River Partners, Detroit-based Invest Michigan and some angel investors.

Read more on Crains Detroit

06 Nov

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Postmates CEO Says He’s Raising Money Again In January To Build The ‘Anti-Amazon’

November 6, 2015 | By |

Ask Bastian Lehmann, the CEO of delivery service startup Postmates, what company he’s gunning for, and you might be surprised. It isn’t Lyft and it isn’t Uber, whose forays into food delivery don’t have him worried in the slightest.

“We’re building the anti-Amazon,” he said.

It’s a bold statement–one he isn’t afraid to repeat. But in order for Postmates to get there, the company will need more capital according to its chief executive. During an interview with FORBES on Thursday, the 38-year-old German entrepreneur noted that despite raising $80 million in June, the company will likely seek more funding as early as next January. Lehmann declined to state how much he hopes to raise or at what valuation, but said that it could possibly be from a late-stage or private equity investor.