Valar, SquarePeg lead $20m round for New Zealand’s Vend
Vend, a New Zealand-based point-of-sale software provider, has received NZ$25 million ($20 million) in Series B funding. The round was co-led by Valar Ventures, an investment vehicle run by PayPal co-founder and early Facebook investor Peter Thiel, and Australian VC firm Square Peg Capital.
Berlin-based Nine Point Capital also participated. Vend has now raised a total of NZ$36 million, including a NZ$8 million Series A in May 2013 and NZ$3 million across two seed rounds in 2011 and 2012....
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