Tech Company Financing Transactions
ViVOtech Funding Round
On 8/7/2007, ViVOtech raised $22.5 million in Series C funding from First Data Corporation, Alloy Ventures and DFJ Gotham Ventures.
Transaction Overview
Company Name
Announced On
8/7/2007
Transaction Type
Venture Equity
Amount
$22,500,000
Round
Series C
Investors
First Data Corporation (Lead Investor)
Alloy Ventures (David Ezequelle)
Threshold Ventures (Josh Stein)
Proceeds Purpose
"This funding underpins our strategic development plans and will provide the capital required to execute successfully on our ongoing product development, partnering and international expansion strategies," said Michael Mullagh, ViVOtech's Chief Executive Officer. "Over the last six months we have seen strong interest from multiple players in the financial, retail, and wireless industries, We are forming key strategic partnerships with these new investors which we are confident will help ViVOtech to maintain it market leadership and shape the future of contactless and NFC mobile payment applications and technologies."
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
451 El Camino Real 2nd Floor
Santa Clara, CA 95050
USA
Santa Clara, CA 95050
USA
Phone
Website
Email Address
Overview
ViVOtech is the leading software provider of NFC mobile phone payments, Over-the-Air (OTA) provisioning of promotions and payment cards and smart poster applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Mullagh
Chief Financial Officer
Stuart Arnott
President
Mohammad Khan
VP - Engineering
Dickey Singh
VP - Marketing
Stuart Taylor
VP - Operations
Eric Lecesne
VP - Sales
Bob Cook
Browse more venture capital transactions:
Prev: 8/7/2007: Worldwide Biggies venture capital transaction
Next: 8/8/2007: JS-Kit venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to document every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs