<s>
ShopKeep	B-General_Concept
by	O
Lightspeed	B-Application
is	O
a	O
cloud-based	B-Architecture
iPad	B-Device
point	O
of	O
sale	O
(	O
POS	O
)	O
system	O
headquartered	O
in	O
New	O
York	O
,	O
NY	O
.	O
</s>
<s>
The	O
system	O
allows	O
merchants	O
to	O
ring	O
up	O
sales	O
,	O
print	O
or	O
email	O
receipts	O
,	O
pop	O
a	O
cash	O
drawer	O
,	O
accept	O
credit	O
cards	O
and	O
print	O
remotely	O
to	O
the	O
kitchen	O
right	O
from	O
an	O
iPad	B-Device
or	O
Android	O
tablet	O
.	O
</s>
<s>
ShopKeep	B-General_Concept
was	O
co-founded	O
by	O
Jason	O
Richelson	O
,	O
co-founder	O
of	O
several	O
retail	O
stores	O
in	O
Brooklyn	O
and	O
New	O
York	O
City	O
,	O
and	O
Amy	O
Bennett	O
out	O
of	O
their	O
wine	O
store	O
in	O
Brooklyn	O
in	O
the	O
fall	O
of	O
2008	O
after	O
their	O
point	O
of	O
sale	O
software	O
crashed	O
for	O
the	O
last	O
time	O
.	O
</s>
<s>
He	O
developed	O
ShopKeep	B-General_Concept
POS	I-General_Concept
as	O
a	O
cloud-based	B-Architecture
point	O
of	O
sale	O
system	O
to	O
allow	O
a	O
merchants	O
to	O
access	O
data	O
even	O
when	O
they	O
are	O
not	O
in	O
the	O
store	O
.	O
</s>
<s>
Jason	O
hired	O
Bill	O
Walton	O
as	O
the	O
original	O
system	O
architect	O
and	O
engineer	O
to	O
build	O
the	O
ShopKeep	B-General_Concept
Platform	O
in	O
October	O
2008	O
.	O
</s>
<s>
In	O
August	O
2011	O
,	O
the	O
first	O
iPad	B-Device
version	O
of	O
ShopKeep	B-General_Concept
was	O
released	O
in	O
the	O
App	O
Store	O
.	O
</s>
<s>
As	O
of	O
July	O
2015	O
,	O
ShopKeep	B-General_Concept
has	O
raised	O
over	O
$97	O
million	O
in	O
funding	O
.	O
</s>
<s>
On	O
5	O
November	O
2020	O
,	O
Lightspeed	B-Application
announced	O
it	O
has	O
entered	O
into	O
a	O
definitive	O
agreement	O
to	O
acquire	O
ShopKeep	B-General_Concept
Inc	O
for	O
$440	O
million	O
.	O
</s>
<s>
On	O
25	O
November	O
2020	O
,	O
Lightspeed	B-Application
announced	O
closing	O
the	O
acquisition	O
of	O
ShopKeep	B-General_Concept
.	O
</s>
