Social Tables, a Washington, DC-based hospitality software company, closed a $1.6m equity funding.
The round, which includes both converted debt and new cash, was led by Virginia-based Militello Capital, with participation from previous investors 500 Startups, Fortify Ventures, and some angels as well as new backers Goldin Ventures, Middeland Ventures, K Street Capital, and angels Philip Dufour and Sameer Gulati. In conjunction with the funding, The Board of Directors Militello Capital’s Matt Brady will join Social Tables’ Board of Directors.
The company intends to use the funds to scale the business including making strategic hires, expanding into new markets and verticals, and continuing to developing new products.
Launched in September 2012 by Dan Berger, Founder and CEO, Social Tables offers a cloud-based platform that includes solutions such as 2D room diagram creation, 3D event rendering, guest-list management, table assignments, and attendee check-in.
Enterprise customers include franchised Renaissances, Crowne Plazas, Sheratons, and Hiltons throughout the Americas, national nonprofits such as YPO, Children’s Hospital and The Recording Academy, corporate event planning teams such as Forbes, The San Francisco Giants, and Chick-Fil-A, advancement teams at academic institutions such as Columbia and Georgetown, museums such as The U.S. Holocaust Memorial Museum and The Whitney Museum, The U.S. State Department, and top catering companies.
FinSMEs
31/07/2013