Quandoo, a Berlin, Germany-based reservation and yield management systems for restaurants, raised $8m in Series B funding.
The round was co-led by DN Capital and Holtzbrinck Ventures, with participation from existing investors Sixt, CRES Columbus Internet Group, Atlantic Capital Partners.
Launched in January 2013 and led by Philipp Magin (CEO), Ronny Lange (CMO), Sebastian Moser (MD International Business Development), Tim-Hendrik Meyer (COO) and Jens Günther (CTO), Quandoo operates a marketplace that allows local businesses to acquire new customers and maintain existing customers. The platform offer various modules including a reservation management system, tools for utilization control, a cash register system.
It is currently available in 5 countries (in Germany, Austria, Switzerland, Italy, Turkey and the Netherlands) at over 1,000 restaurants.
The company is hiring.
FinSMEs
14/01/2014