OLO said Tuesday that it has expanded its executive leadership team with new hires. Matt Tucker has been named chief operating officer while Marty Hahnfeld is now vice president of sales. Also, Scott Lamb is on board as vice president of account management. Based in New York, OLO, which is backed by PayPal, Founder Collective, RRE Ventures and Core Capital Partners, is an m-commerce and e-commerce platform for restaurant brands.
NEW YORK, Sept. 17, 2013 /PRNewswire/ — New York-based OLO, the m-commerce and e-commerce platform for major restaurant brands including Five Guys Burgers & Fries, Cold Stone Creamery, and Noodles & Company, announces additions to its executive leadership team to support the company’s aggressive growth.
The new team includes: Chief Operating Officer Matt Tucker, Vice President of Sales Marty Hahnfeld and Vice President of Account Management Scott Lamb. Tucker led the trio of technology veterans as they built and scaled Recyclebank, named as the top venture-backed clean-tech company by The Wall Street Journal in 2011. Tucker served as the Chief Operating Officer of Payfone, a leading provider of mobile identity solutions.
“We’ve built this business through aggressive growth with a lean team,” said Noah Glass, Founder and CEO of OLO. “This accomplished group adds strategic, operational and client service expertise that will continue to scale OLO, as I continue to reimagine the restaurant experience for the digital age.”
Founded in 2005, OLO is the pioneer and innovative leader in its field. As restaurants have realized the potential of mobile ordering, the company has seen explosive growth, tripling its user base in the last 18 months. Much of the demand has come from mid-sized and large restaurant chains seeking a solution to power e-commerce and m-commerce sales channels.
“My colleagues and I recognized the opportunity that OLO presents – to be the leading technology provider for innovative and fast-growing restaurant chains,” said Matt Tucker. “While many companies talk about the future of mobile commerce, OLO’s clients are taking orders and making money in mobile every day.”
In 2012, OLO announced $5M Series B funding round led by PayPal and existing investors David Frankel of Founder Collective, RRE Ventures and Core Capital Partners.
Founded in 2005, OLO is the original and best-in-class provider of online and mobile ordering capabilities for the restaurant industry. More than 150 top restaurant brands rely on OLO’s award-winning multi-channel sales platform to seamlessly integrate online and mobile orders with their point-of-sale systems, so operators have freedom of choice in technology and maintain an independent relationship with their customers. Today, more than 3 million customers use OLO to order ahead and get food faster at their favorite restaurants across the U.S. Learn more at www.olo.com or olo.tumblr.com.