OLO lands USD5m for mobile ordering platform

Investing in new recruits

Mobile goods ordering platform OLO has raised USD5m in a round of Series B funding from PayPal, angel investor David FrankelRRE Ventures, and Core Capital Partners (reports StrategyEye).

The New York-based firm offers online and mobile ordering software for restaurants, as well as point-of-sale integration. The firm will use its funding for new engineering hires.

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