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Revel Raises $100M

By TechTaffy Desk

Revel Systems, the iPad Point of Sale (POS) platform that rivals Square, has raised roughly $100 million in Series C funding from New York City-based private equity firm Welsh, Carson, Anderson & Stowe and others.

The round includes an initial $65 million investment from WCAS and an additional $25 million equity line available from WCAS. 

Sanjay Swani, a general partner at WCAS is joining Revel’s board.

[Image courtesy: Revel Systems]

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