Following Investment, Software Company Rises to New Heights, Exhibiting at Booth #117 at the International Pizza Expo
IRVINE, Calif. (March 14, 2018) – Restaurant365, the industry’s only all-in-one, cloud-based, restaurant-specific accounting, back office and reporting solution, is more prepared than ever to help restaurants grow following a $20 million investment from Bessemer Venture Partners. The investment is the company’s first outside funding, which will be used immediately to expand their team and accelerate development tenfold.
“Our system is a match made in heaven for pizza restaurants,” said John Moody, Co-Founder, Restaurant365. “I’m confident that through our recent investment, we’ll only continue to help pizza restaurants grow in an ever-changing industry.”
Positioning concepts for growth via a scalable, restaurant-specific accounting platform is a cornerstone of the all-in-one software. Understanding the priorities and challenges specific to restaurant accounting and operations has enabled innovation centered around these specific demands. Restaurant365’s fully integrated restaurant accounting, operations and reporting capabilities delivers an improved flow of information and increased accuracy for restaurants.
Restaurant365 will be at Booth #117 at the International Pizza Expo on March 20-22, 2018 in Las Vegas. Restaurant365 has been attending the International Pizza Expo for years, and serving pizza industry clients for even longer. Their current client roster includes Sbarro’s, Mod Pizza, Pieology, Rotolo’s Pizzeria and more. For more information, visit www.Restaurant365Software.com/pizza/.
About Restaurant365 Software
Restaurant accounting is the cornerstone of Restaurant365 Software’s cloud-based, all-inclusive back office solution. Restaurant365 was founded by an experienced team of software veterans committed to developing an accounting, back office and reporting tool–specifically for restaurants– that scales and positions restaurant concepts for growth. The connectors, import functions and Open APIs truly enable Restaurant365 to “talk” with other systems including POS providers, payroll processors, vendors and banks. In January 2018, Restaurant 365 closed $20 million in Series A financing with a minority investment from Bessemer Venture Partners, which will be used to expand the team and accelerate development.
Restaurant365 Software has offices in Irvine, California and Austin, Texas. For more information, please visit restaurant365software.com. About Bessemer Venture Partners Bessemer Venture Partners is an investment firm that backs passionate and thoughtful founders of enterprise, consumer and healthcare technology startups around the world. Bessemer has seven offices, with locations in Silicon Valley, San Francisco, Boston, New York City, Westchester, India and Israel. Bessemer’s partners include Pinterest, Blue Apron, Snapdeal and Fuze, and the company has 121 IPOs to-date. More information on Bessemer can be found at www.bvp.com.