ViVOtech has installed more than 800,000 NFC systems in 35 countries. The company’s readers are found in big-name retailers and stores such as McDonalds, Home Depot and Whole Foods as well is in taxi cabs.
Monday, June 27, 2011
Google NFC Partner ViVOtech Raises $24 million
ViVOtech, the near field communication software and systems company, has raised $24 million in Series C funding from Singapore’s EDBI, SingTel Innov8, Motorola Solutions Venture Capital, Alloy Ventures, Citi Ventures (the venture arm of Citigroup), Draper Fisher Jurveston, DFJ Gotham, First Data Corporation, Miven Ventures, Motorola Mobility, Nokia Growth Partners and NCR. This brings ViVOtech’s total funding to $80 million.
ViVOtech has installed more than 800,000 NFC systems in 35 countries. The company’s readers are found in big-name retailers and stores such as McDonalds, Home Depot and Whole Foods as well is in taxi cabs.
ViVOtech has installed more than 800,000 NFC systems in 35 countries. The company’s readers are found in big-name retailers and stores such as McDonalds, Home Depot and Whole Foods as well is in taxi cabs.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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