Restaurant365 raises $135 mn in VC funding

U.S. cloud-based restaurant manager Restaurant365 has raised $135 million in a VC funding round.
Dollar spending on technologyThe new round of VC funding was co-led by global investment firms KKR & Co and L Catterton along with current investors, including ICONIQ Growth and Besemer Venture Parteners, the California-based company said.

Restaurant365’s peer CAVA Group has also filed for U.S. IPO without disclosing the size of the listing.