Restorando Raises $3.2M in Series A Funding
Summary
Restorando, a Brazilian and Argentinian online reservation platform for restaurants in Latin America, has raised $3.2m in Series A funding.The round was led by Emergence Capital Partners, with participation from Kaszek, Atomico, and Storm Ventures.In conjunction with the funding, Santi Subotovsky from Emergence Capital and Alex Mendez from Storm Ventures joined Restorando’s board of directors.Founded in 2010 and led by CEO Frank Martin and COO Franco Silvetti, Restorando enables restaurants to develop new sales channels to promote available tables and increase revenue, while making it efficient for customers to make reservations online.The company has operations in São Paulo (and 4 other cities) in Brazil, and Buenos Aires, in Argentina.
Funding
Amount
$3.2M
Total raised
Date
February 22, 2012
Announcement date
Investors
Atomico, Storm Ventures, Kaszek Ventures, Emergence
Lead investors
Company
http://www.restorando.com.br
Funded company
Classifications
industries
Travel
applications
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