Solution Provider News

Paytronix Secures $10 Million to Expand Capabilities and Help Serve Restaurants During COVID-19 Crisis

Paytronix Systems has secured $10 million in funding, led by Great Hill Partners, a Boston-based private equity firm, and the company’s cofounders. The technology solution provider, which specializes in loyalty, rewards, gift, mobile applications, order […]

Solution Provider News

Dragontail’s Computer-Vision Quality Management System Expands in Response to Pandemic to Detect Restaurant Cleanliness and Sanitation Practices

Dragontail Systems, an Australia-based software company that works with global brands like Dominos and Pizza Hut, is updating its AI-based computer-vision quality management system, the QT AI camera, in response to the COVID-19 pandemic to […]

Solution Provider News

Overproof Raises $1.25 Million to Roll Out Its Decision Making Platform for the Hospitality and Beverage Alcohol Industry

Overproof, an AI-driven business intelligence and strategic planning platform for the beverage alcohol industry, this week announced the initial closing of an additional $1.25 million from existing investors in its fourth round of seed funding. […]

POS

Toast Pops Up with $400 Million in New Funding to Catapult Its Restaurant Management Platform and Market Presence to the Next Level

A number of investors are toasting the success of restaurant management solution provider Toast, which today announced a $400 million Series F funding round to further fuel its quest to “empower restaurants of all sizes […]

POS

PayFacto Acquires Posera, Including Its Maitre’D POS, KDS, and SecureTablePay Solutions

Canadian payment technology solution provider PayFacto Payments has completed the acquisition of Posera, including its suite of software technologies – Maitre’D POS, KDS (kitchen management system), and SecureTablePay, an EMV-compliant pay-at-the-table solution. Posera also offers […]

Solution Provider News

Report: Olo Might IPO This Year with $1 Billion Valuation

Food-ordering solution provider Olo may be gearing up to file an initial public offering later this year, Bloomberg reported this week. The valuation of the New York-based company could reach upwards of $1 billion, according […]