Showing posts with label Angel. Show all posts
Showing posts with label Angel. Show all posts

Friday, 25 November 2011

Web-Based POS provider Vend raises funding from Point Nine Capital and angel investors

Auckland, New Zealand (PRWEB) August 12, 2011

New Zealand based online pos software start-up Vend has secured a significant injection of capital from a European investment consortium led by Point Nine Capital.


The investment will accelerate the company's rapid international growth, expansion of the New Zealand based development team and the opening of a San Francisco sales office.


Vend provides an intuitive and powerful web-based POS (point of sale) software that lets retailers process sales, track inventory, and manage customers. The worlds first HTML5 retail POS, it works on any device or platform, including an iPad, or even existing POS hardware.


Just like Zendesk has revolutionized the customer service industry, Vend wants to bring a revolution to the POS industry and improve the lives of hundreds of thousands of people working in retail, said Point Nine Capital Managing Partner Christoph Janz, an early investor and advisor at Zendesk and several other successful Software-as-a-Service (SaaS) companies.


The setup cost to retailers for a traditional POS system can be astronomical, tens of thousands of dollars and weeks of hassle before theyve even made their first sale, says Vend Founder & CEO Vaughan Rowsell. With Vend, retailers can be up and running in minutes, for a low monthly fee. Plus, its software they actually love to use.


One of Vends competitive strengths is its seamless integration with other popular web software, such as Xero (accounting) and Shopify & Magento (e-commerce), offering retailers a full suite of low-cost, user-friendly tools to manage their business in the cloud.


Vend's user interface is intuitive, smooth, and speedy. Going with a cloud-based POS has allowed us to scale and access our data from any location and smoothly integrate the e-commerce and retail experience, says Travis Becker of Mollusk Surf Shops (New York, San Francisco & LA).


Vend now has thousands of users in more than 80 countries, less than a year after it was launched. Customers range from high street fashion chains to young hip boutiques, mom and pop stores to franchise networks, and are already processing more than $ 10M of sales through Vend each month.


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More Angel Investor Capital Press Releases

New Haven Entrepreneurs to Meet Active Investors at FundingPost's VC and Angel Event on Wednesday, September 7, 2011

New Haven, CT (PRWEB) August 24, 2011

On September 7, 2011, FundingPost (http://www.FundingPost.com) will host a panel discussion with local Angel Investors and Venture Capitalists at its "New Haven VC and Angel Conference," sponsored by Connecticut Innovations, Ambrose, and Fincham Downs. FundingPost has organized 180+ sold-out venture events over the past 10 years. Leading Venture Capital and Angel investors are set to speak and coach entrepreneurs at the FundingPost New Haven event on September 7, 2011, at the Lawn Club. The FundingPost Event registration and information are online at: http://goo.gl/Htyqs


Top Venture Firms will gather at FundingPost's upcoming event to discuss the trends in Early-Stage Investing, hot sectors, sectors that these Angels and VCs look at, things that are most important to them when they are considering an Investment, the best and worst things an entrepreneur can do to get their attention, additional advice for entrepreneurs, and, of course, the best ways to reach these and other Investors.


Moderator:

Mike Downs, Partner, Fincham Downs

Keynote: John Iorillo, Ambrose Co-CEO

Speakers:

Peter Longo, President and Exec Director, Connecticut Innovations

Patricia A. Meagher, Venture Partner, Dakota Ventures

Neil Anderson, Angel Investor, ARC Angel Fund

Mike Kane, Manager, Kestrel Asset Management

Victor Budnick, Managing Director, Ironwood Capital

John Warburg, Co-Founder, Warbros Venture Partners


We are excited about returning to the New Haven area. Its a fantastic opportunity for an early-stage company to meet face to face with investors, said Joe Rubin, Director, FundingPost. Early-stage VCs are always on the lookout for great ideas, and FundingPost is proud to provide a forum for these investors to locate promising new ventures. We hear new success stories from companies raising capital at our events all the time!


As with all FundingPost events, there will be pitching and plenty of networking time for the entrepreneurs to meet the investors during the cocktail party! There is still space available, but the seating is limited! To register to attend, visit: http://goo.gl/Htyqs


ABOUT FUNDINGPOST:

With over 10,000 CEOs and 700 Venture Capital Funds attending events in 20 cities nationwide; a Printed Dealflow Magazine; and a deal-exchange website with over 7,700 VC and Angel Investor members and over 138,000 companies, that has, on average, made an introduction of an Investor to an Entrepreneur every business day since its inception; FundingPost believes that it is important to reach investors in every medium possible - both online and offline. For more information: (http://www.FundingPost.com)


ABOUT CONNECTICUT INNOVATIONS:

Connecticut Innovations provides strategic capital and operational insight to push the frontiers of high-tech industries such as energy, biotechnology, information technology, and photonics. Over the years, CI has helped over 100 emerging companies research, develop, and market new products and services. This activity has attracted over $ 1 billion in additional investments from private equity providers. CI has brought the State of Connecticut over $ 510 million in Gross State Profit and over 5,000 additional job-years.


ABOUT AMBROSE EMPLOYER GROUP:

Ambrose Employer Group, LLC, is a professional employer organization ("PEO") providing outsourced human resources, payroll, benefits services, and human resources information systems to small businesses (generally companies employing five to 250 employees). Founded in 1997, Ambroses core purpose is to enable small businesses to focus on their own core activities. Ambrose is a niche PEO focusing exclusively on serving business services firms, financial service firms, marketing and advertising firms, corporate spinouts, venture-backed companies, technology companies, and other professional service firms and services clients in all 50 states and the District of Columbia. For additional information about Ambrose, please visit http://www.ambrose.com


ABOUT FINCHAM DOWNS:

Magdalena Fincham, Carson Fincham, and Michael Downs partnered to form Fincham Downs in 2009 to provide the type of business-savvy IP legal services not offered by most large IP law practices.

We are using our years of experience as in-house counsel and IP portfolio directors at Walker Digital Management, LLC (best known for developing Priceline.com and Synapse, the magazine-subscription company now owned by TimeWarner), to offer a collaborative approach to meeting our clients comprehensive IP needs. For more information: http://www.finchamdowns.com


Contact:

Heather Coull

FundingPost.com

800-461-5509

press(at)FundingPost(dot)com


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