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.
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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,
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Vend raises $12 million, confirms cuts to local staff
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