Tyfone Closes Series B Investment from HDFC Holdings, Polaris Software Lab and Ojas Venture Partners
Monday, September 6th, 2010
Award winning innovator of patented MicroSD memory card technology for mobile transaction and mobile payment solutions now positioned to accelerate global deployment
PORTLAND, Oregon – MobilityWire® – September 6, 2010
Tyfone Inc. (www.tyfone.com), a provider of mobile banking, mobile contactless payment and secure mobility solutions, today announced the company has closed Series B financing of $5 million. The preferred stock financing includes new strategic investors HDFC Holdings Ltd., Polaris Software Lab and a strategic manufacturing partner, together with continued participation from Ojas Venture Partners.