QSecure Closes $5 Million Series C Financing
Payment card authentication solutions provider QSecure has announced that it has closed a Series C Preferred Stock financing round totaling $5 million led by QSecure's existing investors Allegis Capital, Worldview Technology Partners, Société Générale and UMC Capital.
QSecure's external Board of Directors remains the same consisting of Jean-Louis Gassée, a Partner at Allegis Capital, Peter Goettner, a Partner at Worldview Technology Partners, and Frank Lee from UMC Capital.
The proceeds from the financing will be used to complete development of QSecure's patented payment card security and authentication solutions, and support customer pilot and rollout programs.
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