Follow The Money: 10 Recent Tech VC Investments To Watch In May


Vend

Headquarters: San Francisco and Auckland

CEO: Vaughan Rowsell
New Funding: $2 Million
Round: Undisclosed
Backers: Point Nine Capital

Vend develops and markets a web-based, point-of-sale (HTML5 POS) platform that enables retailers to process sales, track inventory and manage customers on any device or platform, including an iPad, or legacy point-of-sale devices. The company says it currently has more than 11,000 accounts in roughly 80 countries, and processes more than 1 million transactions per month. The additional round of funding will be used to expand the company's headcount, as well as assist with a number of other priorities.