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QSecure Nets $10 Million New Venture Capital Investment

Wednesday, October 07, 2009 5:52:00 AM PDT | VentureDeal Staff

Los Altos, California  --  Credit card technology company QSecure has secured $10 million in its fourth round of institutional venture capital financing.

QSecure has developed credit card technology that increases authentication security.

Investors in the round included Worldview Technology Partners, Allegis Capital, UMC Capital and Societe Generale.  The company said it would use the funding proceeds to complete final development and initial pilots of its first powered card products.

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