Semafone Raises £1.9M

Published On June 28, 2010 |
Semafone Ltd, a London, a UK-based fraud prevention software for use in call centres, has raised £1.9m in funding from funds managed by Octopus Ventures.
The capital will enable the company to accelerate its growth in the UK and abroad, through expanding sales and marketing efforts.  
Founded in 2009 by a consortium of call centre professionals, Semafone aims to secure sensitive data passed over the phone, including bank details, personal identification data and credit/debit card transactions.
Without interrupting caller and agent dialogue, customers input their card details via the telephone keypad, eliminating the need to read out the card number and three digit security number to the phone operator, removing the risk of operator fraud.
Customers include John Lewis Partnership, Argos, Specsavers and the Manchester Airports Group.
FinSMEs

28/06/2010

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