Commerce

MoBeam Banks $5 Million for Mobile Barcode Technology

Published on October 3, 2011
by Tricia Duryee

Cupertino, Calif.-based MoBeam has raised $4.9 million in capital to solve the problem of most point-of-sale systems at retail not being able to read a barcode displayed on a mobile phone screen. Investors in the round include Yet2Ventures, Samsung Ventures and Mitsui.

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URL: http://allthingsd.com/20111003/mobeam-banks-5-million-for-mobile-barcode-technology/