QSecure takes $5.25M for electronic credit cards

QSecure, maker of credit cards containing smart chips, has raised $5.25 million of an anticipated $10.25 million fourth round of funding, according to a filing with the SEC. While it didn’t specify where the money came from, the Los Altos, Calif. company was previously backed by Allegis Capital, Societe Generale, UMC Capital and Worldview Technology Partners.

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Camille was the lead writer for GreenBeat until August 2010. To reach VentureBeat's current writers, email tips@venturebeat.com.

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