Monday, September 14, 2009

QSecure Raises $5.25M

Los Altos-based QSecure has raised $5.25M, according to a regulatory filing by the firm last week. According to the filing, the round opened on August 25th, and included 5 investors, with a target amount of $10.25M. No details on the funding have yet been released by the firm, which as previously raised capital from Allegis Capital, Societe Generale Asset Management, UMC Capital, and Worldview Technology Partners. QSecure develops technology for protecting magnetic stripes on credit cards from fraud. More information »