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Acquired byVeriFone Systems
Price$9M
Date9/10

General Information

Websitewaysystems.com
CategoryMobile/Wireless
Phone781-569-0420
Employees
Founded2002
Descriptionmobile wireless point-of-sale

Offices

HQ
200 Unicorn Park
Woburn, MA, 01801
USA

Funding

TOTAL $22M
FUNDING TOTAL $22M
Series C, 10/05
Austin Ventures
Bessemer Venture Partners
Visa Marketplace
GIV Venture Partners
$22M

Tags

WAY Systems

WAY Systems, Inc. designs, develops, and sells mobile wireless point-of-sale (POS) solutions for mobile merchants in the United States and internationally. 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. The company also offers end-to-end infrastructure solutions, including hardware, software, and messaging elements for mobile application development, deployment, and maintenance. In addition, it supports GMS and GPRS for geographic coverage and security, as well as provides end-to-end payment and transaction processing services.

The company was founded in 2002 and is based in Woburn, Massachusetts.

Recent Milestones

Videos

Screenshots

WAY Systems screenshot
Above: WAY Systems Screenshot -- #1
Uploaded: 8/29/10

Sources

  1. VeriFone Acquires WAY Systems For Up To $9 Million (They Raised Over $50 Million) (techcrunchit.com) [edit]
  2. EDGAR [edit]
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Last Edited 9/6/10

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