Tag: restaurant tech

Software investment firm Thoma Bravo has officially acquired Olo, a prominent restaurant technology company, for approximately $2 billion. The deal, finalized after an initial agreement, marks a significant shift for Olo as it transitions from a public entity to a privately held company under Thoma Bravo's ownership. This move is expected to accelerate Olo's growth and innovation in the rapidly evolving digital landscape of the restaurant industry.

DoorDash introduces a new suite of AI-powered advertising tools, bolstered by the strategic acquisition of ad tech platform Symbiosys, to empower restaurants and brands with enhanced growth opportunities and campaign optimization.