LightSpeed Closes $30M Series A Funding with Accel Partners
Summary
LightSpeed, a Montreal and Ottawa, Canada-based provider of retail software systems, has closed a US $30m Series A funding with Accel Partners.The company intends to use the capital to further hire new people (http://www.lightspeedretail.com/careers/), enhance its product portfolio and expand internationally.The company’s solutions include interactive point-of-sale system for iPad, which give stores a personalized selling tool that scans inventory and details products.Retailers can also access to back office features including inventory management, sales/ordering workflows, e-commerce integrations, multi-store capabilities and developer-friendly open APIs.Clients include nearly 10,000 retailers in more than 30 countries, ranging from boutiques to large global brands.
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