Dive Summary:
- Montreal-based LightSpeed will be opening its U.S. headquarters in Manhattan on March 11; the space will serve both as the company's main office and a community center with classes for retailers.
- The company received $30 million in venture-capital funding last year and has over 1,000 New York City companies as its clients.
- LightSpeed's founder and chief executive Dax Dasilva says that the company will hold seminars at least once a week and that the company's packages cost between $3,000 and $5,000 a year.
From the article:
"It's a system that does back-end and front-end inventory management in addition to point of sale," explained Paige Boggs, general manager at charity shop Treasure & Bond, which is owned by Nordstrom. She said the West Broadway store has been using LightSpeed since it opened its doors in 2011. "We're a very lean organization—probably 14 people total—so we're doing our best to take care of as many things as possible," she said. ...