QSecure raises $10M for smart payment platform
QSecure, maker of credit cards containing smart chips, has raised $10 million in a fourth round of funding, according to a filing with the SEC. The Los Altos, Calif. company is backed by Worldview Technology Partners, Allegis Capital, UMC Capital and Societe Generale. It has now raised $37.25 million to date.
Compliance software maker Autonomic fails to rebrand, shutters
Autonomic Networks, the very recently reinvented version of Vernier Networks, has finally given up the ghost after failing to raise a new round of capital. The Mountain View, Calif.-based maker of software that monitored compliance with network security protocols had just launched a beta of its lead product in October. At that point, it already had five clients enlisted for the trial and expected to bring on seven more.
But even then it was running on… Continue Reading