Illustration: Rebecca Zisser / Axios

Eaze, the company sometimes dubbed "Uber for pot," has raised another $27 million, the latest example of investors being willing to put big bucks into cannabis-related technology. The round was led by Bailey Capital with DCM Ventures, Kaya Ventures and FJ Labs also investing.

CEO Jim Patterson said the company plans to use the additional funding to expand geographically and to help pay for expensive engineering talent. Eaze doesn't grow or deliver the pot themselves but helps connect customers and distributors via a mobile app. "A third of my company is engineers who live in San Francisco," he said. The company now has 81 employees, up from 67 just four months ago.

High growth: Eaze says its grown 300 percent over last year and is now arranging 120,000 deliveries a month

Changing market, "The days of buying a baggie full of flowers that has no brand and just a strand name is coming to an end," Patterson said, noting that Eaze bet early on that the marijuana market would quickly come to resemble more traditional businesses.

Go deeper: check out our May interview with Patterson.

Go deeper

Updated 37 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: Obama: Trump is "jealous of COVID's media coverage" Axios-Ipsos poll: Federal response has only gotten worse.
  2. Health: Hospitals face a crush — 13 states set single-day case records last week.
  3. Business: Winter threat spurs new surge of startup activity.
  4. Media: Pandemic causes TV providers to lose the most subscribers ever.
  5. States: Nearly two dozen Minnesota cases traced to three Trump campaign events.
  6. World: Putin mandates face masks.

Louisiana braces for 3rd hurricane in 2 months as Tropical Storm Zeta nears

Municipality workers clean the streets of garbage in Playa del Carmen, Mexico, on Tuesday that was left by Zeta, which struck the Yucatan Peninsula as a Category 1 Hurricane a day earlier — causing no major damage to infrastructure. Photo: Medios y Media/Getty Images

Tropical Storm Zeta is expected to strengthen back into a hurricane and bring dangerous storm surge conditions to parts of the northern Gulf Coast on Wednesday, per the National Hurricane Center.

The state of play: Louisiana Gov. John Bel Edwards (D) requested a pre-landfall Federal Declaration of Emergency in a letter to President Trump on Tuesday, ahead of the storm's expected arrival south of New Orleans.

3 hours ago - Technology

Trump's campaign website hacked

A screenshot of the Trump campaign website after it was hacked.

The Trump campaign website briefly went down and its "About" page was modified after hackers attacked the site Tuesday evening.

The big picture: With just seven days before the election, the hackers emulated the FBI and declared on the "About" page that: "this was seized. the world has had enough of the fake-news spreaded [sic] daily by president donald j trump. it is time to allow the world to know truth." Two addresses linked to the cryptocurrency Monero appeared on the site. Trump campaign spokesperson Tim Murtaugh in a statement said no sensitive data had been exposed in the attack.

Go deeper: Twitter hack raises fears of an unstable election