NFC software and systems maker ViVOtech has
secured a second round of funding.
The company has already raised $96m since its
launch in 2001.
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Michael Mullagh, ViVOtech’s executive
chairman, said:
“Companies across the m-commerce ecosystem are
racing to capture their share of what is expected to be a massive
opportunity.
“This is driving strong demand for our
software and systems. With this latest financing, we’re armed to
extend our leadership position providing the infrastructure needed
to deliver on the promise of m-commerce.”
“It’s gratifying to see that, after many years
of seeding the NFC reader market, we’re now gaining strong
commercial traction with our market-leading Trusted Service
Management (TSM), Touch, Marketing and Loyalty software offerings
for NFC- and QR code-based m-commerce initiatives.”
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By GlobalData
