OMERS Ventures, JPMorgan lead TouchBistro's $72 mln Series D
Toronto-based restaurant point-of-sale software provider TouchBistro has closed a $72 million Series D financing. The round, which brings the company's total funding to date to $117 million, was led by OMERS Ventures and JPMorgan Chase. They were joined by Napier Park Financial Partners, Recruit Holdings Co Ltd, BDC Capital's IT Venture Fund and Relay Ventures, all of which backed last year's $16.3 million Series C financing. TouchBistro, founded in 2010 by CEO Alex Barrotti and COO Geordie Konrad, processes over US$6 billion in global restaurant transactions annually. The funds raised will be used for developing a new operating system and payment solutions, market growth, and new hires.
21 June 2018•4 mins read
