TouchBistro Raises $119 Million in Funding Round Led by Omers

Date : 09/18/2019 @ 4:35PM
Source : Dow Jones News
Stock : Barclays Plc (BARC)
Quote : 170.74  0.64 (0.38%) @ 4:35PM
Barclays share price Chart

TouchBistro Raises $119 Million in Funding Round Led by Omers

JP Morgan Chase (NYSE:JPM)
Historical Stock Chart

2 Months : From Sep 2019 to Nov 2019

Click Here for more JP Morgan Chase Charts.

By Colin Kellaher


TouchBistro Inc., which provides iPad-based point-of-sale technology to restaurants, on Wednesday said it raised 158 million Canadian dollars (US$119 million) in a Series E funding at an undisclosed valuation.

The round, which was led by existing investor Omers, brings TouchBistro's total funding to C$275 million.

Canadian pension fund Omers said it invested C$85 million in TouchBistro in the funding round.

New investors Barclays Bank, RBC Ventures and BMO Capital Partners also participated, along with existing investors JPMorgan Chase & Co. (JPM), Napier Park Financial Partners, BDC IT Venture Fund and Kensington Capital Partners.

TouchBistro, founded in 2010, said it will use the funding to acquire complementary products, develop new technologies and expand its presence in international markets.

The Toronto-based company said more than 16,000 restaurants in over 100 countries use its iPad POS and payments solution.


Write to Colin Kellaher at


(END) Dow Jones Newswires

September 18, 2019 12:20 ET (16:20 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:us D:20191117 08:07:32