France’s Wynd raises $31.7 million for international expansion of its retail platform

Paris-based Wynd announced today that it has raised $31.7 million as it seeks to take its point-of-sale solution beyond the borders of its native country.

Cofounder and president Ismaël Ould said in an exclusive interview with FrenchWeb that investors in the Series B round include Sodexo Ventures, Orange Digital Ventures, and Bpifrance. Wynd had raised $7.4 million last year in a round led by Alven Capital, and had brought in a seed round of $1.9 million the year before that.

Wynd offers a points-of-sale product to let large retail chains create a single digital system for their customers’ information and purchases, both in-store and online. The firm has been growing aggressively in France, where it now has about 70 employees.

In the interview, Ould said the company will be opening offices in the U.K. soon, as well as in Dubai.