Reserve acquires mobile payments startup Dash
By Anthony Ha for Techcrunch.com
When you make a reservation through Reserve, the app already handles payment (including splitting the bill), but by acquiring Dash, it will be able to integrate with point-of-sale systems like Micros and Aloha.
The company wasn’t just attracted by Dash’s payment technology. In a blog post, Reserve says Dash also “used data in innovative ways” like the “Venue Vibe” feature, which helps users understand what to expect at different locations.
“For our diners, the Dash acquisition will also help Reserve provide better guidance on where and what to eat, bring simpler checkouts and make those pesky expense reports a lot easier,” Reserve says.
Reserve is also announcing that it has raised an undisclosed amount of strategic funding from Diageo Technology Ventures — that’s the investment arm ofDiageo, whose brands include Johnnie Walker, Smirnoff and Guinness.
First appeared at Techcrunch.com