ShopKeep Raises $10 Million for iPad-Based Point-of-Sale Service

New York-based ShopKeep POS has raised $10 million to continue the development of its application that allows merchants to manage inventory, track customers and conduct transactions from an iPad. The second round of funding was led by Canaan Partners, with Tribeca Venture Partners and TTV Capital also participating. The company is already serving 3,000 merchants and is working with several partners, including LevelUp, Dwolla and PayPal. It has raised $12.2 million to date.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus