Lightspeed Reaches Ecommerce Customer Milestone

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Lightspeed has reached a milestone: this week the Montreal company signed its 10,000th ecommerce customer.

That customer is Isabelle Racicot, a Quebec media personality who operates Picoum, an ecommerce startup.

Lightspeed offers a cloud-based point-of-sale system designed for retailers to sell anywhere. Currently it powers more than 40,000 retailers and manages $15 billion in transactions across 100 countries.

Lightspeed was founded in Montreal in 2005 by Dax Dasilva, who remains the company’s CEO. In just over a decade, the company has grown from four to 560 global staffers across offices in Canada, the US, and Europe.

“It’s a really exciting time for point-of-sale,” Dasilva said. “This merging of online and offline has got a lot of business owners asking if their current system is helping their business be what it should be.”

The company’s growth is not slowing, either: Lightspeed is hiring for many positions currently.

Lightspeed’s Historic Headquarters in Old Montreal

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