Lightspeed (company)


Lightspeed is a point-of-sale and e-commerce software provider based in Montreal, Quebec. It was founded by Dax DaSilva in 2005, who also serves as the CEO of the company. It has offices in Montreal, New York, Olympia, Ottawa, Santa Cruz, and Belgium. It offers its services to 23,000 retail, restaurant, and hospitality businesses, across 100 countries.

Description

Lightspeed was founded by Dax DaSilva in 2005, with its headquarters in Montreal, to provide point-of-sale and e-commerce software to retail businesses.In 2014, it expanded its customer base to include the hospitality industry. It has its offices in Silicon Valley, Olympia, Washington, New York City, Ghent, and Belgium. It provides services to 23,000 businesses worldwide, including Addidas, Harman Kardon, Frank & Oak, and STORY. The company is backed by iNovia Capital and Accel Partners.

History

In 2005, DaSilva laid the foundations of Lightspeed in Montreal, Canada. The company was founded to bring the ‘Apple Store Experience’ to retailers through the creation of inventory-centric point of sale systems.

Operations

Lightspeed has over 700 employees in Montreal, Toronto, Ghent, Amsterdam, Olympia, London, and New York The company has customers in 100 countries, but primarily in the United States, Canada, Australia and England.