AirPOS Limited Closes Series A Investment

Thursday 27 January 2011

Having achieved seed level investment in March 2010 from Silicon Valley based private investor and entrepreneur mentor, David Kirk, AirPOS Ltd are proud to have taken the Company to the next level with a Series A investment of £235,000.

AirPOS worked with a syndicate of investors led by the Invest Growth Fund managed by E-Synergy and additional private investors to raise the new finance. The company will invest the funds to; accelerate the development of their unique cloud based Point of Sale and web store software; grow the team; and; execute rapid international expansion into Europe and the USA.

As the first few steps in the growth of the AirPOS team the company are proud to announce the successful recruitment of Les Curran and Jason Bell. Les has joined the team as Chief Operating Officer and was previously with Kelsius and Logica. Jason has joined as Chief Technical Officer having previously founded Data sentiment and UVoucher.

Martin Neill, CEO and co-founder, said of the investment; "We are humbled by the faith the investors have shown in buying into our vision for AirPOS and are looking forward to giving retailers a world-class software product founded in Belfast, built in Belfast and now invested in Belfast.”

For further details contact Paul Smyth at E-Synergy on 028 9082 3683 or alternatively on p.smyth@e-synergy.com