MPOS Software Startup Erply Raises $2.15 Million

By PYMNTS | January 5, 2014

Erply, a startup that makes point of sale and inventory management software for iPad, has raised $2.15 million in funding, according to TechCrunch.

The Series B round was led by Redpoint Ventures, with Index Ventures and 500 Startups participating as well. Erply’s total backing now sits at $4.2 million.

We’d love to be your preferred source for news.

Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

Add as Preferred Source

Erply co-founder and CEO Kristian Hilemma told TechCrunch that Erply had offers for investors of around $10 million in backing, but that he took the lesser amount because the company is already profitable.

Read the full story here.