Funding

Revel Systems Announces $13.5M Financing

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What does Revel Systems do?

Revel Systems, is the leading iPad Point of Sale platform. the company provides an iPad point of sale solution for retail establishments and restaurants. Its point of sale applications include order taking, employee login, order details, cook/expedite view and processing payment. Its back office applications include menu and system configuration, employee scheduling and reporting, real time inventory control, real time reporting and analytics and managing customer relationships.

The company also provides Foursquare dashboard and Yelp, a tool which provides businesses enhanced engagement with their customers when they check in with social apps, like Facebook or Foursquare, or leave reviews on Yelp.

How much Revel Systems was funded?

Revel Systems raised $13.5M in Series C funding on August 18, 2015 from ROTH Capital Partners

Previous funding

  • $3.7M in Series A funding on May 24, 2011 from DCM(Lead) and Partner: Jason Krikorian
  • $10.1M in Series B funding on June 26, 2013 from Rothenberg Ventures, Tim Tighe Partner: Tim Tighe and Sean Tomlinson
  • $100M in Series C funding on November 11, 2014 from Welsh, Carson, Anderson & Stowe
  • $1.2M in Grant on December 2, 2014 from Invest Northern Ireland
  • Undisclosed amount in Venture round on January 1, 2015 from DreamFunded

What is next for Revel Systems?

Revel Systems plans to use the funding for further accelerating its global expansion and for supporting large enterprise engagements within the existing and new verticals. The company is now formally recognized as the leader of the new gen POS industry across enterprises and SMBs, and its POS platform is being deployed in tens of thousands of locations across USA and internationally.

More about Revel Systems

Revel Systems was founded on September 15, 2010 by Lisa Falzone and Christopher Ciabarra. It has its headquarters in  San Francisco, CA. The company’s Point of Sales software provides up to the minute reporting for tracking sales and for hosting reports which are available and accessible instantly.

 

 

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