From Hyperspace Creative, Last Updated

LightSpeed is a point-of-sale software provider based in Montreal, Canada.

Definition 1: LightSpeed was founded by Dax Dasilva in 2005. LightSpeed specializes in point of sale software for desktop and cloud-based solutions. It is the developer for LightSpeed Retail Point of Sale, LightSpeed OnSite Point of Sale and LightSpeed Restaurant.

From 2006 to 2011, the company had a 1,900 percent growth rate and was named one of the fastest growing companies in Canada. By April 2015, the company’s software was used in 23,000 businesses in more than 30 countries.