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restorando

Brazilian online reservation platform, Restorando, announced today $3.2 in Series A funding led by Emergence Capital Partners.  Restorando makes reservations simple and efficient with its online platform, that can be easily integrated into other sites for greater sales promotion, similar to OpenTable.  Restorando was founded in 2010 and has operations in Buenos Aires, Sao Paulo, and 4 other cities in Brazil.  Restorando.com currently lists more than 800 restaurants in Brazil and Argentina.

Emergence Capital Partners is based in San Mateo and invests exclusively in early and growth stage technology-enabled services.  Investments include companies such as Salesforce.com, Box.net, Yammer, and InsideView to name a few.  Other participating parties include: Kaszek, a newly raised fund for Latin America by the founders of MercadoLibre, Atomico, the London-based firm founded by Skype co-founder Niklas Zennstrom, and Storm Ventures.  The funding will be used to grow the company and expand to other South American markets.

 

Restorando's angel investors are Andy Freire and Santiago Bilinkis, founders of Officenet, an office products retail business, which was acquired by Staples in 2004.

 

 

 
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