Vend Rings Up $2 Million for Point-of-Sale Technology

Vend, a start-up with offices in San Francisco and New Zealand, has raised $2 million to develop point-of-sale software that runs on any device, including iPads and legacy hardware found at the register. The round was led by Point Nine Capital in Europe. Vend, which has raised $3 million to date, says it has signed up 11,000 users in 80 countries and is processing one million transactions a month.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald