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