BDC Capital leads $17 mln Series B financing of TouchBistro
TouchBistro Inc, a Toronto-based iPad point-of-sale app for restaurants, has secured $17 million in a Series B financing, bringing its total funding so far to $30 million. BDC IT Venture Fund led the round, with participation from new investors Round13 Capital and Huff Capital, and existing investors Relay Ventures and Kensington Capital Partners. As a result, BDC Capital Partner Peter Misek has joined the company's board. Founded in 2011, TouchBistro currently deploys about 15,000 terminals across 6,000 food and drink venues around the world. It plans to use the funds raised to expand sales and marketing, build new partnerships, and enhance its technology.
13 October 2016•3 mins read
