Lightspeed vs Revel
Last updated: June 08, 2021
Lightspeed is the leading provider of cloud-based POS software. Our customers typically see a 20% growth in sales after their first year. Now is the time to join the growing list of independent businesses that choose Lightspeed POS to handle their everyday needs. Lightspeed Restaurant allows you to create your menu in seconds, update your floor plan directly in the system, impress customers with photos of items and allow your staff to focus on creating a unique restaurant experience.
The first wired ethernet connectivity for iPad POS systems. Manage multiple devices universally from any remote location. Save time with reports that explain your business progress and projection to you. Keep business up and running during an Internet slow-down or power outage
Lightspeed vs Revel in our news:
2021. Lightspeed buys Ecwid for $500M
Lightspeed has picked up two more companies in what is shaping up to be an acquisition spree for the Canadian point-of-sale software provider: e-commerce platform Ecwid for $500 million, and NuOrder, a B2B ordering platform servicing wholesales, brands and retailers, for $425 million. Ecwid itself has been around for years, initially making its name as a key partner of Facebook’s to help small businesses build commerce experiences on the social media platform, and eventually expanding to provide tools for merchants that use services like Square and Wix, as well as other third-party platforms like Instagram and Google — sometimes competing with but also potentially integrating with other e-commerce backends like Shopify.
2020. Lightspeed acquires restaurant software company Upserve for $430M
Lightspeed just announced the acquisition of Upserve, expanding Lightspeed’s presence in the restaurant industry. The company already offers cloud-based point-of-sale software for restaurants and other businesses. Upserve was founded back in 2009 as one of several startups encouraging users to share their purchase information with friends. It shifted its offerings to business tools around payments, marketing and loyalty, eventually rebranding as Upserve as it became increasingly focused on the restaurant market. Combining forces with Upserve is a strategic next-step in Lightspeed’s vision of providing the most advanced commerce platform to high-performing businesses around the world.
2015. iPad POS platform Revel gets $13.5 million funding
iPad point-of-sale company Revel Systems raises $13.5M to expand in Asia and Europe. Revel will continue differentiating from other tablet POS systems by including a wide array of features in its software suite so it can handle deliveries and shipping in addition to payment processing. This allows Revel to compete with enterprise software like Micros System, which was acquired by Oracle for about $5.3 billion last year. Revel also recently added Ethernet connections for clients who want to use iPads to handle transactions but can’t rely on wireless connections, such as sports stadiums and government agencies.
2015. Revel adds Ethernet connection to its iPad POS system
Revel makes one of the leading iPad point-of-sales systems and was among the first to offer Apple Pay. Despite its focus on mobile payments, however, the startup is also trying to attract companies that are wary of handling financial transactions solely through wi-fi. To get more enterprises on board, Revel is launching wired ethernet connections, a move that it hopes will convince large retail businesses to replace their cash registers with iPads. Revel claims they are the first iPad POS provider to offer failover connections between wi-fi and cabled Ethernet, so if one falters, the other will take over. Called Revel Ethernet Connect, the hardware is now on sale for $250 and will be included with Revel’s iPad POS system after June 15.