Touchbistro Completes Series B FundingOctober 13, 2016
TouchBistro completed a $17 million Series B Preferred Share financing. The funding round was led by BDC IT Venture Fund, with participation from new investors Round13 Capital and Huff Capital, and existing investors Relay Ventures and Kensington Capital Partners.
TouchBistro provides iPad point-of-sale (POS) solutions for the food and drink industry, including full service restaurants, quick service restaurants, food trucks, coffee shops and bars. Servers use the TouchBistro iPad app to take tableside customer orders and instantly transmit them to the kitchen and bar.
Wildeboer Dellelece LLP acted for BDC IT Venture Fund in connection with the financing with a team comprised of Troy Pocaluyko and Rebecca Cochrane (corporate/securities).