MPOS Software Startup Erply Raises $2.15 Million

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

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    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.

    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.