Quandoo Closes $25M Financing Round

Funding Rounds

▤ Summary

Quandoo, a Berlin, Germany-based provider of real-time reservation platform for restaurants, closed a $25m Series C financing round.In conjunction with the funding, Andrin Bachmann from Piton Capital, will join Quandoo’s Board.The company intends to use the funds to extend its market leadership in Germany, Austria and Italy across Europe as well as launching in APAC and Latin America.Founded in 2012 by Philipp Magin, Ronny Lange, Sebastian Moser, Tim-Hendrik Meyer and Daniel P. Glasner, Quandoo provides a real-time reservation platform for restaurants, from Michelin-starred restaurants to local favorites.Its network of 3,000+ partner restaurants spans 8 countries and has seated more than 1.5 million diners.

$ Funding

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Amount $25.0M Total raised
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Date July 23, 2014 Announcement date
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Investors DN Capital, Piton Capital, HV Holtzbrinck Ventures Lead investors
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Company http://www.quandoo.de Funded company

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industries
Food & Beverage
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