PeachWorks (formerly known as WhenToManage), a Southfield, MI-based provider of solutions for the restaurant management industry, closed a $4m Series A financing round.
The round was led by Allos Ventures, with participation from Huron River Ventures, Arsenal Venture Partners, and Invest Detroit.
The company intends to use the funds to scale up its sales and marketing capabilities and build out its suite of cloud-based tools for restaurant management.
Founded by Jeff Schacher, who now serves as chief product officer and led by newly appointed CEO Mark Symonds, PeachWorks provides a subscription-based cloud solution that features recipe and inventory management, Point of Sale (POS) analytics, and staff scheduling tools for the restaurant, hospitality, specialty retail and food service markets.
FinSMEs
03/03/2015