Vend Raises $8M in Funding

According to the company’s blog (read here), Vend, an Auckland, New Zealand-based provider of a web-based point-of-sale software, raised $8m in funding.

Backers included Craig Winkler, MYOB founder, Paul Bassett and Matt Rockman, co-founders of the Milford Active Growth Fund, and existing investor Point Nine Capital (Berlin, Germany).

The company intends to use the funds for product development and growth of operations in New Zealand, Australia, USA and Europe.

Led by Vaughan Rowsell, CEO, Vend provides a retail HTML5 POS that allows retailers to process sales, track inventory, and manage customers on any device or platform, including iPad, or existing POS hardware.
The company, which also has offices in San Francisco and Melbourne, Australia, is actively hiring (read here)



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12/08/2012: Vend Raises Funding

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