Miura Systems, a Stokenchurch, UK-based provider of mPOS devices, closed a $16m round of funding.
The round was led by London-based DFJ Esprit Secondaries (DFJES) with participation from DFJ Esprit EIS funds. In conjunction with the funding, Olav Ostin, managing partner of DFJES, joined the Miura Board.
The company intends to use the funds to accelerate product development and to further expand its global market position in the mPOS arena.
Led by Ian Rutland, CEO, Miura Systems is a provider of secure electronic payment devices with a focus on mobile point-of-sale (mPOS). It now sells into 45 international markets across five continents, and counts major payment industry players such as PayPal and Swedish mobile payment firm iZettle as customers.