Vend raises $12 million, confirms cuts to local staff
Software company's speed wobble allows Lance Wiggs' Punakaiki fund to buy a 2.17% stake keen price. Startup has now raised more than $47 million.
Vend founder and chief executive Vaughan Rowsell has confirmed recent capital raise rumours — and restructure rumours.
"We have raised $12 million, mainly from existing investors, with the notable addition of Punakaiki Fund to our shareholder register. In this round it joins Point Nine Capital,
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Vend raises $12 million, confirms cuts to local staff
50685