$3.7M for Revel Systems

San Francisco startup Revel Systems, which has developed an iPad-based point-of-sale system to help restaurants track sales, said today that it has raised $3.7 million in a funding round led by DCM, an early-stage venture firm with offices in Menlo Park, CA, Beijing, and Tokyo. DCM general partner Jason Krikorian has joined Revel’s board. The new capital will be used to expand sales and marketing, product development, and customer support operations, the startup said in an announcement.

Wade Roush is a contributing editor at Xconomy. Follow @wroush

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