Overview

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Status
QSecure has been closed
Total Equity Funding
$49M in 5 Rounds from 4 Investors
Headquarters:
Los Altos, California
Description:
QSecure offers magnetic media chip and authentication solutions to prevent credit card fraud.
Founders:
Categories:
Security, Product Design, Database
Website:
http://www.qsecure.com

Company Details

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QSecure is the platform company whose SmartStripeâ„¢ 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.

Funding Rounds (5) - $49M

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DateAmount / RoundValuationLead InvestorInvestors
Oct, 2009$10M / Series D4
2008$17M / Venture0
Dec, 2007$5M / Series C4
Nov, 2006$10M / Series B3
Aug, 2005$7M / Series A3

Board Members and Advisors (1)

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Offices/Locations (1)

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  • HQ

    333 Distel Circle

    Los Altos, California 94022

    United States

Past Team (7)

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Images (1)

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