Snapfinger Operator Kudzu Interactive Raises $7M
Summary
Kudzu Interactive, an Atlanta, GA-based operator of Snapfinger.com, a Web-based remote ordering solutions for the restaurant industry, has raised $7m in a Series B funding round.In conjunction with the investment, Josh Goldman (on the left) and Jeff Crowe (on the right), general partners at NVP, will join Kudzu Interactive’s board of directors.Commenting on the round, Jim Garrett, founder and CEO of the company, said: “We chose to raise capital now to solidify our leadership position and feel strongly that the next 18 months will give us the opportunity to own the online and mobile ordering space for casual dining.“Kudzu Interactive chose to work with Norwest Venture Partners because of the firm’s strong e-commerce operational experience as well as their strategic connections that will accelerate our mobile technology development and our sales and marketing initiatives into local markets”, he added.The company’s solution uses a location-based technology to find nearby restaurants and to enable the user to order food and complete the payment transaction quickly.