LaFourchette (Paris, France), a mobile and online booking platform and management software provider for restaurants in Europe, has secured €8 million from Serena Capital and Partech International. The two venture capital firms join Otium Capital, the company's initial investor.
LaFourchette will use the funds to strengthen its position in France, Spain and Switzerland, scale the business in new countries, and improve its sideline of products. In 2011 LaFourchette generated over €100 million in revenues for its partner restaurants and plans to reach €500 million within the next three years, according to Jean-Marc Patouillaud, a managing partner at Partech. The company has about 11,000 partner restaurants.
Disclaimer: NCN does not warrant the accuracy, reliability, or timeliness of any NCN news item. Before relying on any NCN News item the information should be independently verified.
For more finance and investment information, visit Nutrition Capital Network news.