TouchBistro Closes An Additional $1.5M In Funding, Bringing Seed Round Total To $6M


Toronto-based iPad POS startup TouchBistro has raised an additional $1.5 million in funding, adding to its existing seed funding and bringing the total to $6 million raised to date. TouchBistro’s new funding comes from Walden Venture Capital and Kensington Capital Partners, and should help the startup expand its offerings, with a planned office opening in San Francisco in 2014.

The company already just opened a New York-based office to help fuel its American expansion, and in 2013 alone, its TouchBistro software processed around $500 million in transactions from over 1,000 merchant clients. The main clients for TouchBistro include restaurants, fast food joints, food trucks, coffee shops and others in the food services industries.

TouchBistro is already an international company; the startup debuted its app in the App Store two years ago, and it has since become the top ranking food and beverage app in terms of gross revenue in 27…

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