IRVINE, Calif., July 17, 2018 /PRNewswire/
-- Restaurant365®, the world's
all-in-one, cloud-based, restaurant-specific accounting,
back-office and reporting solution, has accomplished record growth
in 2018 with 245 new customers to date, bringing the total number
of restaurants that use its software to nearly 5,000.
A recent closing at the end of June
2018 included an accounting partner working with a 400-unit
McDonald's franchisee who will be using Restaurant365 for their
accounting and restaurant management needs. Other notable customers
who recently joined the Restaurant365 family include Wolfgang Puck
Fine Dining, and One Off Hospitality Group.
Since closing on a $20 million
investment in January 2018 from
Bessemer Venture Partners, who has also backed companies like Yelp,
Pinterest and Blue Apron, Restaurant365 has grown exponentially as
a result of its accelerated development schedule and expanded team.
This growth includes multi-unit operators and top accounting firms
from across the country. In addition, industry-leading
point-of-sale (POS) and food vendors are bringing Restaurant365's
partner and integration count to an all-time high.
"Our whole team – everyone from product development to sales -
has kicked it into high gear this year and we couldn't be more
thrilled with our progress," said John
Moody, Co-Founder of Restaurant365. "We're continuing to
implement new features to our software so it's always improving for
our current and future customers. Because of our dedication to our
product and our people (that's employees, partners and clients),
we're expecting to reach 1,000 total customers before year's
end."
Restaurant365 serves restaurants across all segments, including
fine dining, casual dining, fast casual, quick service and snack.
For more information about the game-changing software, visit
www.Restaurant365.com.
About Restaurant365®
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 Restaurant365 connectors and open APIs truly enable the
platform to "talk" with other systems including POS providers,
payroll processors, vendors and banks. In January 2018, Restaurant365 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 has
offices in Irvine, California and
Austin, Texas. For more
information, please visit Restaurant365.com.
View original content with
multimedia:http://www.prnewswire.com/news-releases/restaurant365-turning-up-the-heat-achieving-record-growth-300682591.html
SOURCE Restaurant365