Airbnb Leads $13M Fundraise For Restaurant App Resy

Law360, New York (January 9, 2017, 5:20 PM EST) -- Restaurant reservation app Resy Network Inc. completed its first major financing round on Monday, led by Airbnb Inc., raising $13 million just two months after announcing a commercial partnership with the home-sharing giant.

The Series A financing round was led by Airbnb, but it also included investments from First Data Corp. and seed investors RSE Ventures and Lerer Hippeau Ventures, according to the Monday statement. Resy provides reservation and operational software services to more than 1,000 restaurants in 50 markets, the statement said, including Union Square...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.