Tyfone snares investment to bring secure mobile payments to US Government

Secured strategic investment

Tyfone has secured a strategic investment from In-Q-Tel to bring secure mobile security and NFC-based payments to the US Government. The Portland-based startup will also work with In-Q-Tel, which is the CIA’s VC arm, on technology development as part of the investment. Tyfone offers cloud security solutions as well as NFC-based mobile payments. In-Q-Tel cites Tyfone’s large patent portfolio and work in security as a main factor in the funding and partnership.

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