OLO Builds Executive Leadership TeamPR Newswire Sep 17, 2013 Back to press
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.