Overview

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Status
Acquired by on September 9, 2010
Total Equity Funding
$17.59M in 2 Rounds from 3 Investors
Headquarters:
San Diego, CA
Description:
Semtek Innovative Solutions develops data capture and card reader components and interfaces.
Categories:
Hardware, Enterprise Software, Mobile
Website:
http://www.semtek.com

Company Details

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Semtek Corporation has been a leader in magnetics technology since 1999, serving large public and private sector clients who require secure data capture components for their fixed-base and wireless devices. Since 2004, Semtek has been focused on resolving the security deficiencies of magnetic stripe based payment systems and is playing an increasingly central role in the development of end to end security architectures for merchants and payment processors.

Funding Rounds (2) - $17.59M

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DateAmount / RoundValuationLead InvestorInvestors
Sep, 2009undisclosed amount / Series B3
Nov, 2007$17.59M / Series A3

Investors (3)

News (7)

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DateNews
Nov 17, 2010TechCrunch - Verifone Acquires Electronic Payments Company Hypercom For $485 Million
Sep 10, 2010Dow Jones - Semtek Acquired By Verifone For $18M In Stock
Sep 9, 2010innovativeretailtechnologies.com - VeriFone Acquires End-To-End Encryption Leader Semtek
Sep 8, 2010global.verifone.com - Verifone Acquires End-to-End Encryption Leader Semtek
Oct 6, 2009SoCal - Tech - Semtek Details Series B Funding
Sep 30, 2009SEC - SEC FORM D
Nov 18, 2007PE HUB - Semtek Round Details

Offices/Locations (1)

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  • Office

    12777 High Bluff Drive

    Suite 225

    San Diego, CA 92130

    USA

Past Team (1)

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