Food System

Palo Alto, United States Founded: 2009 • Age: 17 yrs Acquired By Appcelerator
A platform for ordering food from favorite restaurants is provided.

About Food System

Food System is a Technology company based in Palo Alto (United States) founded in 2009, and was acquired by Appcelerator in October 2011. It operates as an a platform for ordering food from favorite restaurants is provided. It operates on a Two-Sided Marketplace model. Food System has raised $3 million across 1 funding round from investors including Benhamou Global Ventures and Axway. The company has 2,830 employees. The company was acqui-hired. Food System offers products and services including Food Delivery App. Its focus areas include Food & Beverage, Food Delivery and Online Food Ordering. Its legal entity is HITACHI DATA SYSTEMS CORPORATION. Its competitors include Replit, Xamarin, Progress, Azul Systems and Ionic and 3 more; 7 of its 8 listed competitors have raised funding.

Company details

A service connecting companies with favorite restaurants for food delivery is facilitated. Orders are placed through an app, with free delivery offered. Discounts of 50 on each order are provided, targeting office workers. The platform operates in the food delivery sector, focusing on convenience and cost-saving solutions.

  • Headquarters Palo Alto, United States
  • Employees 2,830
  • Stage Acquired
  • Sectors
    Technology
  • Phone
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  • Website particlecode.com
  • Social LinkedIn
  • Acquired by Appcelerator (Oct 2011)
  • Legal Name Hitachi Data Systems Corporation
Key Metrics

Products & Services of Food System

Food System offers a comprehensive portfolio of products and services, including Food Delivery App.

Food Delivery App
Food Delivery

Food is delivered from favorite restaurants to offices.

Funding Insights of Food System

Food System has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Series A round of $3 million completed in June 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $3M
  • Total Rounds 1
  • Last Round Series A β€” $3M
  • First Round $3M

    (Jun 2010)

  • Investors Count 1

All 1 funding rounds of Food System with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2010$3MSeries A––
Valuation history

2 investors in total: 2 institutional.

Investors in Food System

Food System has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Benhamou Global Ventures and Axway.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital firm investing in AI and cross-border enterprise startups from Silicon Valley.
2003benhamouglobalventures.comTel Aviv, Israel
Cloud-based mobile app development solutions are offered.
2006appcelerator.comSanta Clara, United States
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Investor details for Food System

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  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of Food System

3 dated milestones of Food System across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Food System is founded.
  2. Funding First funding round of $3.0M.
  3. Exit Acquired by Appcelerator.

Competitors of Food System

Food System has 8 listed competitors in our database, 7 of them funded. They include Replit, Xamarin, Progress, Azul Systems and Ionic, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
replit.com2016Foster, United States$521.9M58
AI powered application development platform
xamarin.com2011San Francisco, United States$82.25M254
Cross-platform application development tools are provided by Xamarin.
progress.com1981Bedford, United States–450
IDE-based software is provided for application development and management.
azul.com2002San Francisco, United States$122.23M29
IDE based app development platform
ionicframework.com2012Madison, United States$13.59M99
Cloud-based cross-platform application development solutions are provided.
posit.co2009Boston, United States$166.49M–
Open-source data science tools are developed for teams and enterprises.
qt.io1995Helsinki, Finland$6.7M21
Cross-platform user interface and application development for desktop and embedded platforms
catavolt.com2008Alpharetta, United States$6.5M29
Legacy systems are connected to mobile devices via cloud middleware.
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Detailed competitors of Food System

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Application Development Tools

10 companies that operate in the same segment as Food System (Application Development Tools), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud based version control and source code management platform
2008San Francisco, California, United StatesUSD 354.03 M–6,946
Cloud-based software for continuous application development and deployment.
2013San Francisco, California, United StatesUSD 212 M–205
Cloud based website development platform
2012San Francisco, California, United StatesUSD 336.41 M–4,930
Cloud-based website builder tool
2003New York, New York, United StatesUSD 591.5 MUSD 16.79 M2,161
Cloud-based low-code platform enables application development and automation.
1999Reston, Virginia, United StatesUSD 47.5 MUSD 726.94 M2,029
SaaS-based collaborative commerce solutions are provided for brands and retailers.
2000New York, New York, United StatesUSD 365 MUSD 240.52 M2,144
Cloud and AI based low code workflow and app development platform
2013San Francisco, California, United StatesUSD 1.35 B–4,475
Websites are built using Wix's cloud-based drag-and-drop platform.
2006Tel Aviv, IsraelUSD 53.5 MUSD 1.99 B5,280
Online application marketplace
2009San Francisco, California, United StatesUSD 437.8 MUSD 7.59 M1,193
Development of internal tools is enabled by a low-code platform.
2017San Francisco, California, United StatesUSD 165.15 M–414
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Frequently Asked Questions about Food System

Food System was founded in 2009 and raised its 1st funding round 1 year after it was founded.

Food System is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Food System is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Series A of $3M, raised on Jun 2010.

Food System has 2,830 employees.

A service connecting companies with favorite restaurants for food delivery is facilitated. Orders are placed through an app, with free delivery offered. Discounts of 50 on each order are provided, targeting office workers. The platform operates in the food delivery sector, focusing on convenience and cost-saving solutions.

Food System's top competitors include Replit, Posit and Azul Systems.

Food System offers Food Delivery App.

Food System has 2 investors. Key investors include Benhamou Global Ventures, and Axway.

Food System operates through Hitachi Data Systems Corporation.

Yes. Food System was acquired by Appcelerator in October 2011.

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