Measuring Success at the Intersection of Hospitality and Technology

2 Min Watch By Barbara Castiglia and Kevin Freibott

In this MRM News clip, TouchBistro Founder and CEO Alex Barrotti discusses ways restaurants can utilize technology to measure success.

The company recently secured CDN $16.3 million in Series C funding  to enhance and expand the feature set in the TouchBistro iPad mobile restaurant point-of-sale (mPOS) solution, and to facilitate the company’s expansion into global markets. This latest round brings TouchBistro’s total funding to date to CDN $45.3 million.

TouchBistro is the top-grossing iPad POS app in 37 countries. In the last year, the company has grown its recurring monthly revenue by 150 percent and deployed more than 15,000 iPads in over 9,000 restaurants around the world. TouchBistro POS solutions process Gross Merchandise Volumes of almost US $5 billion annually.