TripAdvisor has bought the Restorando reservation platform

The restaurant reservation platform Restorando, founded by two Argentines, is now in the hands of

app

TheFork, which belongs to the site of critics of

tourism

TripAdvisor

With this operation, the amount of which has not been revealed, TheFork is already present in 18 cities and eight countries in Latin America, such as Argentina, Chile and Colombia. Restorando has more than 4.5 million users and 3,500 restaurants are listed on its platform.

Argentinian entrepreneurs Frank Martin and Franco Silvetti created Restorando in 2011 with the support of two local ecosystem leaders, who invested $ 50,000: Andy Freire and Santiago Bilinkis, creators of Officenet in 1997 (they sold it to Staples in 2004) and the accelerator. Quasar Ventures.

Later, the company added a new injection of 500,000 US dollars in what is called "the seed". Later, it made a significant investment of US $ 3.2 million and in 2013, the platform received US $ 13.3 million in its third round (Series B).

The purpose of the sale "is to develop the business," Martin said.
THE NATIONand added, "We needed to increase our traffic and have more resources to keep growing."

He also said that the 75 Restorando employees "will continue to operate in Buenos Aires, Bogotá, Santiago and Mexico City". And he explains: "The management team, including its two founders, will continue to lead the teams in Latin America, while the teams of TheFork and Restorando in Brazil will join forces under the supervision of Ricardo Secio, current
country manager of LaFourchette in Brazil ".

The platform will continue to run under the Restorando brand for a few months, then will be renamed TheFork.