AisleBuyer LLC, a Boston, MA-based provider of mobile self-checkout and mobile commerce solutions, has raised $7.5m in equity funding from existing investor Old Willow Partners.
The company aims to use the funds to open a Palo Alto office, develop new product features and expand its engineering and sales teams.
Led by CEO Andrew Paradise, AisleBuyer provides retailers, brands and restaurants with a shopping platform that includes a virtual multi-channel self-checkout system.
Features allow shoppers to order items through a website while purchasing physical items in a store, as well as scan their credit cards instead of manually entering payment information.
FinSMEs
14/06/2011
Related News: AisleBuyer Closes $4.0M Equity and Debt Financing Round