Tech Company Financing Transactions
QSecure Funding Round
QSecure, based in Los Altos, secured $10 million from UMC Capital, Allegis Capital and Societe Generale.
Transaction Overview
Company Name
Announced On
11/3/2006
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
UMC Capital (Lead Investor) (Frank Lee)
Allegis Capital (Jean-Louis Gasse)
Worldview Technology Partners (Peter Goettner)
Proceeds Purpose
The proceeds from the financing will be used to complete development of QSecure's patented credit card security and authentication solutions and support initial customer pilot and rollout programs.
Company Information
Company Status
Out of Business
Industry
Security
Mailing Address
333 Distel Circle
Los Altos, CA 94022
USA
Los Altos, CA 94022
USA
Phone
Website
Email Address
Overview
QSecure is a venture funded, technology and solution provider of credit cards that are compatible with all card acceptance systems and point-of-sale terminals. The company was formed, and received funding, on April 1, 2003.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mike Cummings
VP - Engineering
Gary Daniel
VP - Operations
Daniel Chatelain
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Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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