errands

TaskRabbit raises $17.8 million in Series B funding

TaskRabbit, the San Francisco-based startup that lets people outsource errands, announced today it has raised $17.8 million in Series B financing.

The new round was led by LightSpeed Venture Partners and included contributions from TaskRabbit's existing partners, as well as new investors Allen & Company and The Tornante Company, an investment firm led by former Disney CEO Michael Eisner.

The new round of financing comes seven months after TaskRabbit raised $5 million in Series A financing, bringing its total financing to date at $22.8 million. Since that round in May, the company says it has seen its … Read more