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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Continuent Secures Funding from Aura Capital, Appoints Robert Hodges as New CEO

San Jose, CA (PRWEB) November 2, 2010

Continuent, Inc., a leading provider of data management solutions that make open source databases as reliable as commercial databases, today announced the appointment of Robert Hodges as its Chief Executive Officer. Mr. Hodges, previously Continuents CTO, brings over 20 years of experience in database and application engineering management. Prior to Continuent, he worked as a Senior Engineering Manager at Sybase

Hackman Capital Extends Commitment to Culver City with Newest Acquisition

Culver City, CA (PRWEB) August 17, 2011

Hackman Capital, a privately-held investment company, announced today its acquisition of 3644 Eastham Drive, a 13,704 square foot building, located in the Hayden Tract of Culver City, California. The building is now one of seven Culver City properties in the company's portfolio, a portfolio Hackman Capital still plans to expand.

"We believe in Culver City," said Michael Hackman, founder and CEO of the privately-held real estate investment firm. "The area is a progressive and rapidly growing destination for businesses, especially those in the creative industries. We want to expand our footprint here."

Hackman Capital, which is based in Los Angeles, has been investing in industrial and office real estate since 1986. Although the company and its affiliates have a large national presence, with more than 56 properties across the country, Hackman Capital is actively implementing one of its primary investment strategiestargeting acquisition opportunities in Southern California, Culver City and the Hayden Tract.

"We heard about the opportunity at Eastham Drive because the building is in such close proximity to properties we currently own in the Hayden Tract. When you're active in an area, you get leads."

And according to Hackman, there is natural synergy between the neighboring buildings.

"We already have plans in the works to renovate our properties at the corner of Hayden Place and Higuera Street, Hackman explained. Those plans will eventually result in an ultra-modern, 120,000-square-foot creative office complex, with the addition of a free-standing, five-story parking garage, plus surface parking. Now we also plan to transform the Eastham building into creative office space."

To design the space at Eastham Drive, Hackman Capital has engaged Abramson Teiger, an award winning architectural firm based in Culver City. Initial plans have been drawn to leverage the best features of the original building, which was built in 1949 for light manufacturing, including a striking wooden-bow truss roof. Architects also suggest removing an area at the front of the building to accommodate executive and visitor parking, and creating a mezzanine over the parking area, which will increase the total building area to approximately 14,500 square feet.

"Implementing both the Eastham and Hayden+ Higuera redevelopment projects, simultaneously, allows us to better address market demand," Hackman said. "For example, our Hayden + Higuera project will create parking for over 700 carsthat's parking availability that can be shared with Eastham Drive tenants."

Clopton Capital Launches New Semi Truck Financing Websites

Chicago, Iliinois (PRWEB) October 08, 2011

Clopton Capital is a semi truck financing provider and is located in Chicago, IL. They primarily market commercial mortgages, SBA loans and niche financing mechanisms such as gas station loans and semi truck financing. The founder of Clopton Capital is Jake Clopton and this press release is part of Clopton Capital's consistent effort to remain involved with the public, namely their future clients. Clopton Capital can be contacted at CloptonCapital.com.

Clopton Capital has decided to expand their online presence for their semi truck financing department. Their plan is to purchase numerous new domain names and promote them in an effort to create more landing pages and opportunities for those interested in semi truck financing to find them online. This plan will be executed over the coming months and should meet the expected metrics of exposure by February. The detailed version of the plan involves purchasing and promoting five or more new domain names all of which will be promoting Clopton Capital's semi truck financing programs. If this plan increases sales of commercial truck financing products Clopton Capital intends to do the same for many other forms of commercial lending they provide.

Clopton Capital is also researching and exploring plans to create a website similar to eBay where consumers will be able to list trucks for sale for free. This website would advertise Clopton Capital's truck financing services and would be entirely funded through those products and not via any commissions on sales of trucks. We really want to explore a lot of new ideas in 2012. We think that if we provide a lot of free services for our customers and potential customers we will build enough exposure and loyalty to make ourselves the dominant player with this commercial lending product and many others, said Jake Clopton, the founder of Clopton Capital.

Clopton Capital can be contacted at their website CloptonCapital.com or at 866.647.1650 during regular business hours central time. Their website contains more specific information about their bridge loan products. Their website dedicated to semi truck financing is SemiTruckSource.com.

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HIG Capital Portfolio Company Acquires Blue Moon Beads

San Francisco, CA (PRWEB) November 10, 2011

Regarding HIG Capitals acquisition of Blue Moon beads, Neil Tuch, a Managing Director of HIG Capital, stated that, The Blue Moon acquisition shows DCWVs commitment to leadership in the crafts industry. We looked past the parent companys troubled balance sheet and found a company with innovative products, important customer relationships, a recognized brand, and strong, creative employees.

Neil is a Managing Director based in HIG's San Francisco office. He has over a decade of investment experience and focuses on building HIG's investment portfolio in the western United States. Neil is involved in all aspects of the investment process including deal sourcing, transaction negotiation and execution, and portfolio company oversight.

Prior to joining HIG, Neil was with Summit Partners, a private equity firm, and a Senior Engagement Manager with McKinsey & Company, the multi-national consulting firm. Earlier in his career, Neil worked for Goldman Sachs Mergers and Acquisitions department and founded a program for New York Cares, a not-for-profit organization. Neil has served on the board of directors of numerous private companies and community organizations.

HIG Capital is a leading global private equity investment firm based in Miami. The firm has more than $ 8.5 billion of capital under management. HIG specializes in providing capital to small and medium sized businesses and has offices in Atlanta, Boston, New York and San Francisco, as well as Hamburg, London and Paris in Europe.

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