Existing investors Emergence Capital Partners, Kaszek Ventures, Atomico and Storm Ventures also took part in the financing for the business, which serves restaurants and diners in major cities throughout Brazil, Argentina, Chile and Colombia.
The company had previously raised $3.7m through seed and Series A rounds.
Flybridge general partner Jon Karlen will join the Restorando board following the investment.
He said, “Since launching in 2011 Restorando has done a fantastic job at testing and validating the online restaurant reservations model with both restaurants and diners in Latin America.
“With thousands of restaurants and more than two million diners now using the platform it has quickly established itself as the dominant player in the market.”
Unlike many restaurant reservations systems, the Restorando platform is 100 per cent cloud-based, making it fast, simple and free for restaurants to get signed up and using the system.
Earlier this year Flybridge led a $4m Series D round for student loan comparison website SimpleTuition alongside fellow existing investors Atlas Venture and North Hill Ventures.
The services offered by SimpleTuition help students pay less for college-related expenses and manage their student debt.
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