Qu, a Bethesda, Md.-based point-of-sale company formerly known as Gusto POS, has raised $10 million in Series B funding, led by existing investor Cota Capital, according to a press release.

The investment round was joined by NRD Capital, an investment focused private-equity fund and Bobby Cox Cos., the owners of multiple restaurants chains, including Taco Villa and Rosa's Cafe.

Qu will use the investment round to accelerate expansion of its POS solutions for the fast casual and QSR industry. The company's technology is designed to help restaurants take third-party food delivery in house, and its omnichannel POS system allows everything from mobile, online, kiosk and drive-thru ordering among other methods.

"I am really excited to bring some of the best technology and restaurant industry expertise together," Amir Hudda, CEO of Qu said in the release. "The continued support from leading Silicon Valley-based fund, Cota Capital, coupled with NRD's knowledge of operational challenges being faced by enterprise-scale restaurant chains, validates our strategic vision, market opportunity and momentum."

Qu, which changed its brand name in September, announced its new delivery management platform in October, which gave restaurants with the ability to run their own in-house delivery service. The company announced an agreement later that month with Dunn Bros. Coffee to replace the chain's POS system with its new omnichannel POS.

As part of the investment, NRD director John Teza has joined Qu's board of directors.