SalesVu, Inc., an Austin, TX-based provider of a cloud-based mobile payment application, has raised $600k in angel funding.
Among the others, investors include Francisco Leon.
The company intends to use the capital for product development and marketing initiatives.
The SalesVu application allows mobile workers to securely process credit card transactions on iPhones or iPads, as well as to connect to a cloud-based infrastructure for centralized pricing management, reporting, and marketing. The company sends a free card reader to businesses who choose to process credit cards directly from their mobile device. It offers a 2.7% rate on all credit card transactions.