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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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work