Restorando, a Buenos Aires, Argentina-based provider of an online platform for restaurant reservations, closed $13.3m in Series B funding.
The round was led by new investor Flybridge Capital Partners, with participation from existing investors Emergence Capital Partners, Kaszek Ventures, Atomico, Storm Ventures and The Endeavor Catalyst Fund. In conjunction with the funding, Flybridge Capital Partners General Partner Jon Karlen will join Restorando’s Board of Directors.
The company intends to use the funds to expand its team and accelerate growth in current cities and other countries throughout Latin America.
Founded in 2011 and led by Frank Martin, CEO, Restorando provides a cloud-based restaurant reservations system, which is mobile enabled and free to diners. It currently serves restaurants and diners in 9 major cities in Brazil, Argentina, Chile and Colombia.
22/02/2012: Restorando Raises $3.2M in Series A Funding