Semtek Innovative Solutions Lands $6,700,000 Series B Financing

  • Feed Type
  • Date
    10/14/2009
  • Company Name
    Semtek Innovative Solutions
  • Mailing Address
    12777 High Bluff Drive San Diego, CA 92130
  • Company Description
    Semtek Innovative Technologies Corporation has been a leader in card data capture and magnetics technology since 1999, serving public and private sector customers who require highly secure OEM components for their fixed-base and wireless devices. Specializing in small form-factor data capture devices in magnetic stripe, smart-card, RFID, and biometrics, Semtek has begun to play a key role in providing technologies to the card payments space that resolve that sector’s security vulnerabilities.
  • Website
    http://www.semtek.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,700,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Venrock
  • Venture Investor
    RRE Ventures
  • Venture Investor
    VeriFone

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