QSecure

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QSecure is the platform company whose SmartStripe™ electronic powered credit cards prevent the use of stolen card data without changing retail systems or card holder behavior. QSecure’s patented, magnetic media chip and authentication solutions are designed to allow card issuers to deliver solutions to protect card data without requiring changes to the card processing environment. QSecure’s initial solution is based on a proprietary chip that is embedded in the magnetic stripe and creates a unique number on the magnetic stripe each time the card is used. The unique number for each transaction is authenticated by the card issuer in real time using QSecure’s patented authentication technology.

Milestones

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  QSecure received $5M in Series C funding. (12/21/07)
  Posted 1/9/09 at 1:00pm
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  QSecure received $10M in Series B funding. (11/3/06)
  Posted 1/21/09 at 4:24pm
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  QSecure added Kerry Brown as Founder & CTO.
  Posted 1/9/09 at 1:00pm
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  QSecure added Daniel Chatelain as VP Operations & Strategic Alliances.
  Posted 6/17/09 at 7:33am
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  QSecure added David Krall as President & CEO.
  Posted 1/9/09 at 1:00pm
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  QSecure added Mike Cummings as VP Engineering.
  Posted 6/17/09 at 7:34am
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  QSecure added Daniel Chatelain as VP Operations & Strategic Alliances.
  Posted 6/17/09 at 7:35am
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  QSecure received $17M in Unattributed funding.
  Posted 1/9/09 at 1:00pm

Videos

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Sources

1. Qsecure raises $10M for credit card security (venturebeat.com) [edit]
2. QSecure raises $5M for card authentication (venturebeat.com) [edit]
3. Citation Needed [add]