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ShopKeep POS Raises $10 Million in Series B Round

Thumbnail image for ShopkeepPOSLogo.jpg

Yesterday, iPad-based POS solution provider ShopKeep POS brought in $10 million in series B funding. It has now raised more than $12 million.

Participating investors include:

    • Canaan Partners 
    • Tribeca Venture Partners
    • TTV Capital

The New York-based company plans to use the $10 million to integrate with new partners to create a more robust solution for its SMB users and hire engineering talent to build out the iPad-based POS platform.

ShopKeep POS has experienced an eightfold growth since the beginning of this year, with more than 3,000 SMB retailers using the platform.

To learn more about ShopKeep POS, watch its Best of Show-winning FinovateFall 2012 demo.