Erply raises $2.5M Series B from Redpoint, Index and 500startups

Erply, the Estonian startup that makes iPad-oriented and cloud-based point of sale and inventory management software for retailers, has raised $2.15 million Series B funding led by Redpoint Ventures with the participation of Index Ventures and Dave McClure’s 500 Startups. This brings the total venture capital investment into Erply to $4.2 million.
Going forward Erply is focusing on big enterprise sales efforts, targeting more Fortune 500 companies with more than 200 store locations to use its platform. Also in the works at Erply is an iPad compatible RFID, NFC, and Bluetooth-enabled hardware device to manage inventory that should be making its debut later this year.
ERPLY is a maker of software for commercial retail inventory and ecommerce that handles data across physical shops, online stores and offices and provides real-time dashboards with relevant data.
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