Thursday, May 3, 2007

ViVOtech Lands Series C

Santa Clara-baseed ViVOtech, a developer of wireless connectivity terminals used for consumer payments, has raised a Series C funding led by First Data Corp. Amount of the investment was not disclosed. FTPartners advised ViVOtech on the deal. ViVOtech's products are used in contactless payment terminals used in retail locations. ViVOtech has previously received investments from Alloy Ventures, Draper Fisher Jurvetson, Nokia Venture Partners, and DFJ Gotham. More information »