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Big Funding, Big Acquisitions, Big Opportunity at TouchBistro

February 22, 2020 by Robert Lewis

The restaurant industry is competitive and cutthroat, which means any advantage can prove meaningful. TouchBistro is in the business of giving restaurateurs an advantage.

The Toronto-based company is an iPad point-of-sale and integrated payments solution built for restaurant people, by restaurant people. According to TouchBistro, every feature is “designed to meet the unique needs and fast pace of the foodservice industry.”

Founded in 2010, TouchBistro’s growth has been impressive. A recent Series E funding round paved the way for acquisitions this year of Bookenda, Reso and the assets of YP Dine.

“TouchBistro continues supporting restaurant partners with innovative and market-leading software products,” noted Mark Shulgan, Managing Director at OMERS, which led the $158 million round of funding. “The restaurant industry is a large market and can realize significant improvements in efficiency and profitability by adopting technology like TouchBistro’s.”

The acquired products were re-launched earlier this month as TouchBistro Reservations and TouchBistro Dine, a reservation and guest management feature set that fully integrates into TouchBistro’s award-winning POS solution.

“While TouchBistro Reservations can be used as a standalone app, when integrated with TouchBistro POS, there is seamless communication and updates are made in real-time, making it possible for restaurants to deliver an entirely new level of service,” noted Alex Barrotti, the company’s founder and CEO.

Now when waiters send orders to the kitchen, food is served and bills are closed out, table status is automatically updated and can be seen by front staff. This produces more accurate wait times. Moreover, a restaurant can better serve patrons with personalized services such as allergy restrictions, preferential reservation time, and seating location—or even offer suggestions on meals or wines based on previous orders.

Today, TouchBistro is deployed in 23,000 restaurants across more than 100 countries.

Knowing that you’ve probably eaten at a restaurant using TouchBistro, why not learn more  about them and their mission at the upcoming Tech Talent Toronto Job Fair? The growing company is seeking out fresh talent at the event, which takes place on February 26th at Steam Whistle Brewing in downtown Toronto.

Tech Talent Canada’s job fairs are unique recruiting events that connect a city’s fastest growing companies with the top tech talent in the city.  Hiring companies have the opportunity to showcase their employer brand and pitch a crowd of skilled candidates on why they’re the best employer around.

For $20, attendees get a ticket, drink, appies—and a chance get hired by companies like TouchBistro.

Filed Under: News Tagged With: Tech Talent Toronto, TouchBistro

 
 

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