ROAM Data, Inc., a Boston, MA-based Mobile Application Service Provider, has completed a $6.5m equity financing.
The round was led by Ingenico Ventures, the investment vehicle of the global payment solutions provider Ingenico SAS. Other investors include payment industry icon George Wallner, founder and former CEO of Hypercom.
Roam provides a single development platform that allow payment processors, direct sales companies, Software-as-a-Service providers and systems integrators to create and update commerce applications that run securely on all major mobile devices.
According to Will Graylin, co-founder and CEO of the company, this round of investment will further accelerate ROAM’s technology and service offerings and help it expand to new territories through Ingenico’s large commercial presence.