Headquarters: New York
CEO: Jason Richelson
New Funding: $10 million
Backers: Canaan Partners, Tribeca Venture Partners, TTV Capital
Move over Square? Step aside traditional POS? That seems to be the message form ShopKeep POS, which offers an iPad-based point-of-sale application for use by small businesses. The company said it has more than 3,000 customers already and is armed with research it said shows that 62 percent of businesses plan to upgrade their POS systems in the next two years, and that 60 percent of those are looking for a mobile POS solution. ShopKeep POS has continued to build its platform and is partnering with mobile payment providers such as LevelUp, Dwolla and PayPal.