EatWith Raises New Round Of Investment Funding From TripAdvisor

SAN FRANCISCO and NEEDHAM, Mass., Nov. 03, 2016 (GLOBE NEWSWIRE) -- Social dining service EatWith and travel planning and booking site TripAdvisor today announced that EatWith has raised a new round of funding led by TripAdvisor and with participation from Greylock Partners. The amount of funding will not be disclosed.

This latest investment will support EatWith's global growth and expansion as the company continues its mission of connecting people around the world through unique dining experiences. The platform allows travelers to book a seat at the table of a host, typically a local chef who prepares a meal for the group in a private setting such as their own kitchen. EatWith spans more than 200 global cities, and offers access to more than 650 hosts across 50 countries.

"The investment funding we've received from TripAdvisor and Greylock Partners will be instrumental in driving even more interest in our popular communal dining experiences," said Susan Kim, CEO of EatWith. "Our goal is to continue to democratize the industry by matching adventurous travelers with culinary entrepreneurs who want to share their passion for food."

A growing number of consumers are using EatWith to book intimate dining experiences. The company has helped fill more than 80,000 seats since its founding.

"EatWith is a truly innovative service that helps travelers dine like a local, and we're excited to help support their efforts through an investment that will also help us expand our leadership position in the restaurant category," said Bertrand Jelensperger, global head of TripAdvisor restaurants and lafourchette CEO. "Breaking bread with someone in their own kitchen is such a powerful way to learn about a culture and make new friends that we've decided to integrate EatWith into our TripAdvisor Restaurants pages. Now our users will be able to book EatWith experiences in cities around the world."

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