DoubleBeam - About the company
DoubleBeam is an acquired company based in Pasadena (United States), founded in 2011 by Kevin Mcdonnell. It operates as a Cloud POS solution for businesses, offering hardware, software, and support. DoubleBeam has raised $1.06M in funding. The company has 3078 active competitors, including 227 funded and 282 that have exited. Its top competitors include companies like Square, Lightspeed and SpotOn.
Company Details
Cloud POS solution for businesses, offering hardware, software, and support. It provides a cloud-based point of sale system designed to help businesses get up and running quickly. The platform offers omnicommerce capabilities across iPad, mobile, and web, enabling sales in physical retail settings. It emphasizes ease of use with intuitive software and quick hardware setup. Key features include secure transaction processing for cash, debit, and credit cards, remote management via the cloud, and customizable solutions that scale with business growth. The company provides best-in-class point of sale equipment, including tablets, stands, card readers, scanners, printers, cash boxes, and scales. The software offers robust reporting tools for real-time business insights, mobile POS functionality, loyalty program features, and Android-based flexibility. It integrates with existing credit card processors. This is a SaaS platform.
Key Metrics
Founded Year
2011
Location
Pasadena, United States
Stage
Acquired
Total Funding
$1.06M in 1 round
Latest Funding Round
Investors
Ranked
1240th among 3078 active competitors
Employee Count
1 as on May 31, 2026
Exit Details
Acquired by OLB Group (May 28, 2020)
DoubleBeam's acquisition details
DoubleBeam got acquired by OLB Group on May 28, 2020.
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DoubleBeam's funding and investors
DoubleBeam has raised a total funding of $1.06M over 1 round. DoubleBeam has 2 institutional investors.
Here is the list of recent funding rounds of DoubleBeam:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 23, 2012 | 6546395 | Seed | 6228612 | 7951259 | 1541207 | 3261961 |
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DoubleBeam's founders and board of directors
Founder? Claim ProfileThe founders of DoubleBeam is Kevin Mcdonnell.
Here are the details of DoubleBeam's key team members:
- Kevin Mcdonnell: Chief Operating Officer / CFO / Founder of DoubleBeam.
- Paul Galant: CEO of DoubleBeam.
View details of DoubleBeam's Founder profiles and Board Members
DoubleBeam's employee count trend
DoubleBeam has 1 employees as of May 26. Here is DoubleBeam's employee count trend over the years:
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DoubleBeam's Competitors and alternates
Top competitors of DoubleBeam include Square, Lightspeed and SpotOn. Here is the list of Top 10 competitors of DoubleBeam, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Square 2009, San Francisco (United States), Public | Provider of integrated point of sale and business management solutions | $520M | 85/100 | |
2nd | Lightspeed 2005, Montreal (Canada), Public | Provider of point of sale and payment platform for businesses | $292M | 79/100 | |
3rd |  SpotOn 1999, San Francisco (United States), Series F | Point-of-sale systems and business software solutions for restaurants and small businesses | $923M | 78/100 | |
4th | Provider of unified platform for retail and supply chain planning | $816M | 76/100 | ||
5th | Provider of point-of-sale terminals and digital payment solutions for businesses | $997M | 74/100 | ||
6th | Clover 2010, Mountain View (United States), Acquired | Provider of point-of-sale solutions for restaurants, retail, and services | $8.75M | 73/100 | |
7th | Cloud-based mPOS software and hardware solutions for businesses | $66.4M | 72/100 | ||
8th | Online retailer of everyday consumer goods providing delivery services to shops | $152M | 71/100 | ||
9th | Provider of POS solutions for retail stores | $103M | 70/100 | ||
10th | DNA Payments 2018, London (United Kingdom), Series D | Provider of omnichannel payment solutions, including terminals, online payments, and ePOS | $141M | 69/100 | |
1240th | DoubleBeam 2011, Pasadena (United States), Acquired | Cloud POS solution for businesses, offering hardware, software, and support | $1.06M | 25/100 |
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DoubleBeam's Investments and acquisitions
DoubleBeam has made no investments or acquisitions yet.
Reports related to DoubleBeam
Here is the latest report on DoubleBeam's geography:
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