Wednesday, June 26, 2013

EMN8 Raises $50M, Acquires Snapfinger

Los Angeles-based restaurant ordering systems developer EMN8 said this morning that it has acquired Snapfinger, a developer of remote ordering products for the casual dining industry. As part of the acquisition, EMN8 said it raised $50M in a new funding, to both acquire Snapfinger and expand its platforms. The new funding was led by Sid R. Bass Associates, and also included Allegis Capital and individual investors. EMN8 is led by Perse Faily. The company said that its products now include products for online, mobile, tablet, kiosk, group and call center ordering, loyalty programs, email marketing and mobile marketing products, and more. Snapfinger was founded by Jim Garrett, and was based in Alpharetta, Georgia. More information »

---