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Dynamics Adds $70 Million Series C Venture Capital

Tuesday, December 9, 2014 5:31:00 AM PDT | VentureDeal

   Cheswick, Pennsylvania  --  IT company Dynamics has landed $70 million in its third round of institutional and corporate venture capital.

Dynamics produces advanced payment cards with fully programmable magnetic stripes and other features.

Investors in the round included MasterCard, CIBC, Bain Capital Ventures in Adams Capital Management.

The company said it would use the funding to continue scaling its manufacturing operations and building out its product lines.

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