TouchBistro Series B Preferred Financing
We are pleased to announce that our client, TouchBistro, Inc. (“TouchBistro”), a leader in iPad point-of-sale (“POS”) technology for the Food and Beverage industry, has completed a Series B funding. The round was led by BDC IT Venture Fund, with participation from new investors Round13 Capital and Huff Capital, and existing investors Relay Ventures and Kensington Capital Partners.
GCA acted as exclusive financial advisor to TouchBistro in connection with this funding round.
With offices in New York and Toronto, TouchBistro is a leader in iPad point-of-sale technology for restaurants, cafes, bars, food trucks, and other food and drink venues. The TouchBistro app has been ranked as the number one top-grossing food and beverage app in 37 countries on the Apple® App Store SM. TouchBistro was named 2016 Best POS System for Restaurants by Business News Daily in its annual review of dozens of point-of-sale (POS) systems and International App of the Year 2015 by Best in Biz Awards. For more information, visit www.touchbistro.com.