Monday, June 27, 2011

ViVOtech Raises $24M

Santa Clara-based ViVOtech, the developer of near field communication (NFC) payment card and related technology, said today that it has raised $24M in a Series C funding round extension. The firm said the round came from new investors Singapore EDBI, SingTel Innov8, and Motorola Solutions Venture Capital. The firm's prior investors also participated, including Alloy Ventures, Citi Ventures, Draper Fisher Jurveston, DFJ Gotham, First Data Corporation, Miven Ventures, Motorola Mobility, Nokia Growth Partners and NCR. More information »