VivoTech Garners $8,600,000 Series C Financing Round

  • Feed Type
  • Date
    2/17/2009
  • Company Name
    VivoTech
  • Mailing Address
    451 El Camino Real 2nd Floor Santa Clara, CA 95050
  • Company Description
    ViVOtech is the leading software provider of NFC mobile phone payments, Over-the-Air (OTA) provisioning of promotions and payment cards and smart poster applications.
  • Website
    http://www.vivotech.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,600,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    This funding will provide the foundation for ViVOtech to continue to maintain its market leadership in enabling contactless and NFC payment acceptance at tens of millions of merchant locations worldwide, and to implement its unique patented over-the-air card provisioning, mobile payments and promotion infrastructure software for the commercialization of NFC based mobile payments and marketing which we expect to see gain significant momentum in 2010.
  • M&A Terms
  • Venture Investor
    Undisclosed