ViVOtechRaises $24M In VC Funding

ViVOtechhas secured $24 million in additional Series C funding. Singapore’sEDBI,SingTel Innov8andMotorola Solutions Venture Capitalwere the new investors that participated in the financing round.

The firm’s current financial and strategic investors, includingAlloy Ventures,Citi VenturesandMotorola Mobility, also provided the financing. The near field communication software firm intends to use the proceeds for growth and expansion in new countries, adding to its existing operations in 35 nations.

Click here for the release fromBusiness Wire.