BENTOBOX GAINS FUNDING

BentoBox, an app developer which creates mobile-compatible websites for restaurants, has raised $16.4 million in funding. CEO Krystle Mobayeni said that the new money would allow the company to work with larger chains and add more features like point of sale and a reservation service.

The company currently works with over 4,000 restaurants across the US and 16 other countries. With the National Restaurant Association's 2019 State of the Restaurant Industry report claiming that 70 percent of restaurant operators plan on investing in customer-facing technology, and more than 80 percent of consumers having searched for a restaurant on a mobile app, tech investment is on the rise.