Mobeam nets USD1.5m for mobile barcode technology

Mon Feb 6 2012, 14:49 PM

Mobeam, maker of a technology to allow barcodes to be read from smartphone screens by retail laser scanners, has raised USD1.5m from new investor DFJ Athena, a Korea-focused venture fund. The company has previously raised USD4.9m from Yet2Ventures, Samsung Ventures and Mitsui. Mobeam also partnered withProcter and Gamble in December, in a move to increase usage of its technology in coupon transactions.

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