Famoco raises US$1m

News in brief

News in brief

NFC device maker Famoco has raised a US$1million finance round from two venture capital funds. "After two years of research and development of the business in Asia, this new investment will help Famoco to continue opening new markets in EMEA," says CEO and co-founder Lionel Baraban. In October the company launched its FX 100, a lockable NFC device aimed at business use.

 

Filed by This email address is being protected from spambots. You need JavaScript enabled to view it.nfcworld.com6 November 2013, 15:56 • Last updated 6 November 2013, 15:56