About WAY Systems
WAY Systems is a company based in Woburn (United States) founded in 2002 was acquired by Verifone in January 2009. WAY Systems has raised $31.53 million across 3 funding rounds from investors including Visa, Bessemer Venture Partners and Verifone. WAY Systems operates in a competitive market with competitors including SumUp, Ingenico, Celero Commerce, Crane Payment Innovations and Gas Pos, among others.
- Headquarter Woburn, United States
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Sectors
Financial Services
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Phone
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Website
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- Legal Name Way Systems Inc
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Funding Insights of WAY Systems
WAY Systems has successfully raised a total of $31.53M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $3.03 million completed in March 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in WAY Systems
WAY Systems has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Visa, Bessemer Venture Partners and Verifone.
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Investor details for WAY Systems
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Investments & Acquisitions by WAY Systems
Investment portfolio details for WAY Systems
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Financial Statements - WAY Systems
Detailed financials for WAY Systems
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Way Systems Comparisons
Peer comparison for WAY Systems
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Competitors of WAY Systems
WAY Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SumUp, Ingenico, Celero Commerce, Crane Payment Innovations and Gas Pos, among others.
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Provider of mPOS solution and card reader for offline retailers
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POS hardware and software solutions are provided to businesses.
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Cloud-based business management software is provided for SMBs.
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Cashless payment solutions
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Hardware-based POS solutions are supplied to fuel merchants.
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Detailed competitors of WAY Systems
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Latest news on Way Systems
Complete news archive for WAY Systems
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Frequently Asked Questions about WAY Systems
WAY Systems was founded in 2002 and raised its 1st funding round 2 years after it was founded.
WAY Systems is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.
WAY Systems is a funded company, having raised a total of $31.53M across 3 funding rounds to date.
WAY Systems, Inc. designs, develops, and sells mobile POS solutions and gateway services for mobile merchants. It provides mobile POS devices and printers, as well as various accessory items, including antenna kits, printer papers, car chargers, cigarette lighter adapters, holsters, printer batteries, and AC chargers through its store. Acquired by VeriFone in Sep, 2010 for 9M. Website currently defunct.
WAY Systems's top competitors include SumUp, Ingenico and Celero Commerce.
WAY Systems has 5 investors. Key investors include Visa, Bessemer Venture Partners, Verifone, Austin Ventures, and GIV Venture Partners.