Friday, January 22, 2016

IP Commerce Finds Series A To Sync POS Data, Quickbooks

Denver-based IP Commerce, which develops software that helps small businesses synchronize the sales information they get from Square, Stripe, Xero, and other point-of-sale providers with their Quickbooks accounting, has raised a Series A funding round. Size of the funding was not announced. IP Commerce said the funding came from First Data Ventures, Intel Capital, Meritage Funds, Camp One Ventures, Augury Capital Partners and Service Provider Capital. Charlie Wilson is President and CEO of IP Commerce. The company's software automatically sychronizes e-commerce and other point-of-sale sales data with Quickbooks, something which normally is a very labor intensive, manual process for SMBs.