VivoTech tacks on $8.6M for wireless credit-card transactions
VivoTech, provider of infrastructure for wireless credit-card transactions, just added $8.6 million to a now $40 million third round of funding open since 2007. Its technology lets people make payments via radio frequency enabled credit and debit cards and some mobile phones. The Santa Clara, Calif.-based company has already sold 470,000 of its payment terminals in 35 countries. It is also developing systems for use with taxi cabs, vending machines and ATMs.
Previously, VivoTech raised $52… Continue Reading
VivoTech, the mobile payment company, raises money from Motorola
Motorola Ventures has invested in ViVOtech, a Santa Clara, Calif. maker of radio frequency chips and software that lets mobile phone users make payments with credit cards
Motorola’s investment, the amount of which was in the single-digit millions (but otherwise undisclosed), follows a financing round of about $20 million from Nokia Growth Partners, First Data Corp, and other investors earlier this year. There are numerous players in this market (see coverage).
The company has raised $52 million… Continue Reading
Update: Vivotech, radio frequency credit card co., raises $19.9M
(Updated. This story was originally posted 5/4/07)
Vivotech, a maker of software to allow payments with radio frequency-enabled credit cards, debit cards, or other wireless devices, has raised a third round of capital in the “double-digit millions” of dollars.
(Update: More concretely, it has raised around $19.9 million, according to regulatory filings cited by PE Week. It has only drawn $15 million of that money so far.)
The investment was led by First Data Corp. Previous investors Alloy… Continue Reading