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Appetize Adds $20M For Point Of Sale Technology

Playa Vista-based Appetize, which develops tablet-based, modern point-of-sale (POS) technology for the food service and retail market, has raised $20M in a Series B funding, the company said on Wednesday morning. According to the company, the funding was led by Shamrock Capital Advisors, and also included additional financing from Silicon Valley Bank. Appetize said it has now raised over $45M in total funding. Appetize--which already has been in growth mode--said the funding goes towards nationwide growth, to onboard large clients, and to enhance functionality. Appetize was founded by Max Roper, Kevin Anderson and Jason Pratts, and says it now has over 200 employees. More information »