ECommerce Company LightSpeed POS Brings In $166 Million

LightSpeed POS announced the close of $166 million in Series D financing. Caisse de Dépôt et Placement du Québec led the round, with participation from Investissement Québec (IQ), iNovia Capital, and Silicon Valley Bank.

Lightspeed’s all-in-one point of sale, table management, and analytics platform serves restaurants and bars of all sizes. The company also offers end-to-end commerce solutions that help retailers build, manage, and grow their businesses. According to the company, Lightspeed now operates in more than 100 countries, in multiple languages and currencies, and processes more than U.S. $15 billion in transactions annually.

The additional investment supports further innovation of its fully-integrated omnichannel retail and mobile restaurant solutions, as well as the company’s global expansion to address market demand.