Jordan - based start - up POSRocket has raised $ 650,000 in a seed funding round led by Jabbar Internet Group , Arzan Capital , Propeller and featuring participation from two angel investors . It offers iPad and cloud - based point of sale ( PoS ) solutions aimed at enabling small and medium - sized businesses move away from legacy , expensive PoS technology and achieve long - term savings of up to 20 % . POSRocket was founded by Zeid Husban, who co-founded the company last year with Zaid Farekh, co-founder of Semantic Intelligent Technologies (SIT) and developer of SME Stack, a cloud solution designed for SMEs in Jordan. The company 's platform is hosted on Google Cloud , which allow for real - time monitoring of cash flow , inventories and analytics via any device .
Jordan - based start - up POSRocket has raised $ 650,000 in a seed funding round led by Jabbar Internet Group , Arzan Capital , Propeller and featuring participation from two angel investors . It offers iPad and cloud - based point of sale ( PoS ) solutions aimed at enabling small and medium - sized businesses move away from legacy , expensive PoS technology and achieve long - term savings of up to 20 % . The company 's platform is hosted on Google Cloud , which allow for real - time monitoring of cash flow , inventories and analytics via any device .