News about Series B.
November 6th, 2015
US startup Lisnr has secured US$10m in Series B funding for a technology that uses inaudible sound waves called SmartTones to connect devices. “It works like existing technology protocol Bluetooth, except Lisnr uses sound waves and does not require hardware or maintenance,” the company says. It is also working on making Lisnr the “go-to” technology for powering contactless payments, CEO Rodney Williams told TechCrunch.
October 23rd, 2015
Poynt, the POS maker founded by former Google Wallet lead Osama Bedier, has raised US$28m in a Series B funding round and announced that it has gained PCI PTS, PCI DSS and EMV certification for its device. Poynt Smart Terminals will run the PoyntOS open platform and include support for third party apps as well as mag stripe, EMV, NFC, QR and Bluetooth beacon transactions.
October 14th, 2015
Zwipe, maker of a contactless payment card that includes an integrated fingerprint sensor, has raised US$5m in funding from Photon Future. “The Series B investment enables Zwipe to accelerate the commercialisation of its biometric authentication technology to finance further research and development activities,” the company says. The investment brings the total amount raised by Zwipe to $11m.
June 4th, 2015
PARTNER NEWS: Verizon Ventures, the investment arm of US carrier Verizon, has revealed that it was the undisclosed lead investor in a Series B funding round for HCE specialist SimplyTapp that totalled US$6m. “We’re proud…
May 19th, 2015
Face++, the Chinese facial recognition technology startup behind Alibaba’s selfie payments service, has secured an additional $25m in a series B funding round, taking the total raised to $47m. Existing investors Qiming Venture Partners and Innovation Works contributed to the round, the company told TechCrunch.
November 12th, 2014
PARTNER NEWS: Host card emulation (HCE) specialist SimplyTapp has closed a US$6m Series B funding round. The round was led by a new, undisclosed lead investor with both Lightspeed Venture Partners and Blue Sky Capital…