Restaurant POS solution TouchBistro nets $6 mln in Series A funding

TouchBistro Inc has secured $6 million in a Series A financing, bringing its total financing to date to about $12 million. The round's investors included Kensington Capital Partners, Relay Ventures, Difference Capital and JUST EAT Group, a U.K.-based online marketplace for restaurant delivery. TouchBistro, a Toronto-based provider of point-of-sale (POS) technology solutions for the food and beverage industry, said the strategic investment by JUST EAT includes a partnership to enhance their respective offerings to restaurants. TouchBistro reported that transactions processed using its technology currently total over $1 billion annually. Last November, JUST EAT acquired Edmonton's Delivery Town.

14 April 2015•4 mins read
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