Friday, January 19, 2018

Restaurant365 Gets $20M For Restaurant Management Software

Irvine-based Restaurant365, a developer of cloud-based tools for accounting, back office, and reporting for restaurants, has raised $20M in a Series A funding round, according to the company. The funding came from Bessemer Venture Partners. Restaurant365 said that, as part of that investment, Bessemer Partner Brian Feinstein has joined the company's board. Restaurant365 was founded in 2011 by Morgan Harris, John Moody and Tony Smith: the company said its software is already used by such chains as Sbarro, MOD Pizza, Capriotti's Sandwich Shop, Texas de Brazil, Luke's Lobster, Freddy's Frozen Custard & Steakburgers, Ono Hawaiian BBQ, Blaze Pizza, and many others. More information »

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