LIGHTSPEED VT OVERVIEW SOFTWARE
LIGHTSPEED VT OVERVIEW SERIES

raised about C$200 million ($160 million) in a new round of venture-capital funding. SEOShop's eCommerce platform was rebranded as Lightspeed eCom and further refined to offer complete integration with the company's retail POS software.

LIGHTSPEED VT OVERVIEW SOFTWARE

The next month Lightspeed acquired Amsterdam-based eCommerce software developer SEOShop and announced that it would be expanding its product offering to serve both brick-and-mortar and online retailers.

LIGHTSPEED VT OVERVIEW SERIES

In September 2015, Lightspeed closed a $61 million Series C round of funding led by Caisse de dépôt et placement du Québec and Investissement Québec, with participation from earlier investors Accel Partners and iNovia. The next year, its client base increased to 23,000 businesses in more than 30 countries. Lightspeed was serving 21,000 businesses and its per year transactions increased from $6 billion to $8.2 billion. The same year, it expanded its reach into the restaurant and hospitality industry in 2014 by the Belgian startup POSIOS. In September, Lightspeed closed a $35 million investment round led by iNovia Capital.

On June 18, 2014, the company added Advanced Analytics to Lightspeed Retail's feature roster. At the time, the company had more than 15,000 store locations. Lightspeed's customers processed $7.5 billion in 2013. It acquired MerchantOS, point-of-sale software developer, and Lightspeed Retail, an HTML5 web-based product that can be used from any computer in 2013. Īccel Partners led a $30 million investment round in 2012 and from 2012 to 2013, the company observed a 120% growth in annual transactions. Profit has ranked Lightspeed 24th in 2011 and 61st in 2012 on its list of 'Canada's 200 fastest growing companies'. The company is backed by iNovia Capital and Accel Partners.

It has its offices in Montreal, New York, Ottawa, Toronto, London, Paris, Belfast, Amsterdam, Berlin, Geneva, Ghent and Melbourne. In 2014, it expanded its customer base to include the hospitality industry. Lightspeed was founded by Dax da Silva in 2005, with its headquarters in Montreal, to provide point-of-sale and e-commerce software to retail businesses. It offers its services to retail, restaurant, and hospitality businesses. It has offices in Montreal, New York, Ottawa, Toronto, London, Belfast, Amsterdam, Berlin, Geneva, Ghent and Melbourne. It was founded in 2005 by Dax da Silva who served as the CEO of the company until February 2, 2022. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.Īs a matter of policy, BBB does not endorse any product, service or business.Lightspeed Commerce is a point-of-sale and e-commerce software provider based in Montreal, Quebec, Canada. BBB Business Profiles are subject to change at any time. When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.īBB Business Profiles generally cover a three-year reporting period. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. BBB Business Profiles may not be reproduced for sales or promotional purposes.īBB Business Profiles are provided solely to assist you in exercising your own best judgment.

Lightspeed vt overview