TouchBistro Raises $6 Million, Now Transacting Over $1 Billion Annually

TouchBistro today announced that it has closed $6 million in Series A funding from Kensington Capital Partners, Relay Ventures, Difference Capital, and a new strategic investor JUST EAT.

This latest round brings this Techvibes 20 company‘s total funding to date to approximately $12 million.

TouchBistro is a provider of iPad mobile point-of-sale (POS) solutions for the food and drink industry, including full service restaurants, quick service restaurants, food trucks, coffee shops, bars, universities, and hospitality venues.

Included in this round of funding is a strategic investment from UK-based JUST EAT – the world’s leading online marketplace for restaurant delivery with 45,700 outlets and over 8 million active users.

TouchBistro and JUST EAT will enhance their respective offering to restaurants to better integrate online orders with the restaurant POS system.

According to today’s press release TouchBistro has also hit a major growth milestone with customers now transacting over $1 billion annually through their mobile POS solution.

“We will take TouchBistro’s global expansion to an entirely new level with this latest round of funding,” says Alex Barrotti, CEO of TouchBistro.

 

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