Vend Raises Funding
Summary
Vend, a New Zealand-based online pos software start-up, has raised a “significant” amount of funding.The round was led by Point Nine Capital, with participation from European investors.The company intends to use the funds to accelerate its international growth, expand its New Zealand-based development team and open a San Francisco sales office.Led by founder & CEO Vaughan Rowsell, Vend provides web-based POS (point of sale) software that allows retailers to process sales, track inventory, and manage customers.Customers include high street fashion chains, young hip boutiques, mom and pop stores, and franchise networks.
Funding
Amount
$1.0M
Total raised
Date
August 12, 2011
Announcement date
Investors
Point Nine Capital
Lead investors
Company
http://www.vendhq.com
Funded company
Classifications
industries
Manufacturing Industry
applications
ERP & Process Management
AskAI Classifications
Labels
No AI classifications detected
Linked Companies
Vend
$50M to $100M