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451 El Camino Real 2nd Floor
Santa Clara, CA 95050
Website Company Summary Management Team

Management: Eric Lecesne (VP Operations & Supply Chain) Steve Hine (VP Sales)
Outside board: Rich Geruson (Phoenix Technologies CEO) Don Kingsborough (ZapMe!) Josh Stein (Threshold Ventures) Chris Kay (Citi Head of Growth Ventures) John Shoch (Alloy Ventures)
Advisory board: Robert Dench (Crosspoint Venture Partners Former Advisor) Dale Achabal (Santa Clara University Professor) Carol Benson (Deutsche Bank Former Managing Director) Scott Loftesness (First Data Corp Former sr. executive) William Powar (Venture Architects Principal) Garry Welch (Path Broadband CEO) Charles A Lynch (Market Value Partners Chairman) Steven M Elefant (Soaring Ventures Managing Director) Eric C W Dunn (Cardinal Venture Capital)
Board observer: Rob Trice (BlueRun Ventures) Daniel Schultz (Draper Fisher Jurvetson Gotham Ventures Managing Director)

Business description: ViVOtech ( is the leading end-to-end enabler of next-generation mobile payments, loyalty and marketing solutions. ViVOtech provides mobile payment solutions, mobile marketing and loyalty applications software for existing mobile devices, as well as Near Field Communication (NFC) enabled mobile handsets, Over-The-Air (OTA) provisioning infrastructure software, NFC smart posters and contactless terminals. ViVOtech’s products are used by most prominent retailers all over the globe; the company has shipped more than 730,000 contactless and NFC payment terminals to more than 35 countries. In 2009, ViVOtech received the prestigious Frost and Sullivan North American Smart Cards Product Line Strategy of the Year Award. In 2010, ViVOtech received the 2010 Mobility Award for its NFC mobile ViVOwallet software, Smart Card Alliance Award “Outstanding Smart Card Achievement” (OSCA) Award for Innovation in Payments Technology and the Contactless Intelligence “Monkey” Awards for Competitive Advantage through Technology used by Citi Tap and Pay NFC Pilot. ViVOtech’s investors include Citi, First Data Corporation, Motorola Ventures, NCR and Nokia Growth Partners.
Customers include: USA Technologies ;  Faber, CoeAndGregg ;  McDonald's;  Regal Cinemas;  Royal Philips Electronics
Partners include: FIS Mobile Obopay USA Technologies ;  alphyra ;  Bell ID ;  DeviceFidelity ;  Direct Source ;  Monitise ;  Royal Philips Electronics ;  Tetherball

Rounds: 4
Recent fundings: Mar 2012   Jun 2011
Capital raised: 96.0M
Last Round: 11.5M
Ownership: Private  
VCs include: Alloy VenturesKeiretsu ForumLeader VenturesThreshold Ventures;  Miven Venture Partners;  unnamed investors
Corporate investors: CITIMotorola VenturesNCRNokia Growth Partners;  First Data Corp.;  Motorola Solutions Venture;  Singapore EDBI;  SingTel Innov8

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Last Mentions

Record updated: Mar 2012
Sector: Internet
Rounds: 4
Recent fundings: Mar 2012   Jun 2011
Capital raised: 96.0M
Last Round: 11.5M
Ownership: Private