KKR and L Catterton have co-led a $135 million funding round in Restaurant365, a restaurant enterprise management software company.
Restaurant365 provides operators with services that look to drive sales, control food costs and optimize labor. The company’s software suite brings accounting, operational and payroll-based processes together into a single, cloud-based technology. Proceeds from the round will be invested into product enhancements for Restaurant365. The round also included participation from current investors including Iconiq Growth and Bessemer Venture Partners.