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By October of 2014, Lightspeed served 21,000 businesses and processed $8.2 billion in annual run-rate transactions. [1]
In September of that year, Lightspeed closed a $61 million Series C round of funding led by Caisse de dépôt et placement du Québec and Investissement Québec, with participation from earlier investors Accel Partners and iNovia. [2]
In November of 2015, Lightspeed acquired Amsterdam-based eCommerce software developer SEOShop, and announced that it would be expanding its product offering to serve both brick-and-mortar and online retailers. [3] [4] SEOShop’s eCommerce platform would be rebranded as Lightspeed eCom and further refined to offer a more complete integration with the company’s retail POS software. [5]
On March 9 of 2016, Lightspeed eCom was officially introduced to the North American market. The eCommerce platform’s features include a powerful suite of marketing tools, advanced customer relationship management tools, multilingual, multi-currency and multi-tax capabilities and a seamless integration with the company’s retail point sale. [6] The combination of Lightspeed eCom and Lightspeed Retail provides retailers with omnichannel sales capabilities, which means that they can sell in multiple channels using a single platform. No longer would business owners have to compromise a powerful retail solution with a less advanced eCommerce platform, or vice versa. Lightspeed’s omnichannel solution provides retailers with a single source and view of data and a shared, easy-to-manage inventory across locations and sales channels. [4]
In September 2014, Lightspeed announced that it would be moving its Montreal offices from the Mile End district to the refurbished historic Place Viger complex on the eastern-most edge of old Montreal. [7] Built in the late 19th century, the castle-like structure, which once functioned as both a train station and grand hotel, would come to be referenced by Lightspeed employees as “Chateau Viger”. [8] In early 2015, the 45,000 square foot office won best breakout space, best reception and best budget office at the Interior Design MakeitWork Awards and was named best midsized office in the technology category at the 2015 Interior Design Best of Year Awards. [9] In January 2016, Dax Dasilva gifted the Mile-Ex edifice and transformed it into a non-profit cultural centre called Never Apart, and it includes art galleries, a music room and a conference hall. [10]
L1535 ( talk) 15:55, 13 May 2016 (UTC)
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This edit request by an editor with a conflict of interest has now been answered. |
MintSteph ( talk) 14:23, 4 May 2022 (UTC)