Tech Company Financing Transactions

QSecure Funding Round

Allegis Capital, Societe Generale and UMC Capital joined a $10 million Series D funding round for QSecure. This venture round was announced on 10/5/2009.

Transaction Overview

Company Name
QSecure
Announced On
10/5/2009
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series D
Investors

Allegis Capital (Jean-Louis Gassée)

Societe Generale (Richard Hababou)

UMC Capital (Frank Lee)

Worldview Technology Partners (Peter Goettner)

Proceeds Purpose
The proceeds from the financing will be used to complete final development and initial pilots of QSecure's first powered card products, including the SmartStripe card and the Display Card. Funds will also be used to continue development of the QSecure powered card platform, which will enable additional products and value-added services to be deployed by payment card issuers and banks.

Company Information

Company Status
Out of Business
Industry
Security
Mailing Address
333 Distel Circle
Los Altos, CA 94022
USA
Phone
(650) 940-6440
Website
www.qsecure.com
Email Address
[email protected]
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
QSecure LinkedIn Company Profile
Social Media
QSecure Company Twitter Account
Company News
QSecure News
Facebook
QSecure on Facebook
YouTube
QSecure on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mike Cummings
  Mike Cummings LinkedIn Profile  Mike Cummings Twitter Account  Mike Cummings News  Mike Cummings on Facebook
VP - Engineering
Gary Daniel
  Gary Daniel LinkedIn Profile  Gary Daniel Twitter Account  Gary Daniel News  Gary Daniel on Facebook
VP - Operations
Daniel Chatelain
  Daniel Chatelain LinkedIn Profile  Daniel Chatelain Twitter Account  Daniel Chatelain News  Daniel Chatelain on Facebook

 

 

Browse more venture capital transactions:

Prev: 10/5/2009: NanoViricides venture capital transaction
Next: 10/5/2009: Causata venture capital transaction

 

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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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