NFC technology provider and POS-maker ViVOtech has closed its first round of Series D funding. The company said this internal round of funding brings the total amount of money the company has raised since its founding in 2001 to $96 million.  

As a provider of software and NFC point-of-sale technologies, ViVOtech said it has now has shipped nearly one million NFC payment readers to 328 customers in the United States and 181 customers internationally. According to the company, that's more than half of all installed NFC readers globally.

"Companies across the mCommerce ecosystem are racing to capture their share of what is expected to be a massive opportunity," said Michael "Mick" Mullagh, ViVOtech's executive chairman, in the announcement. "This is driving strong demand for our software and systems. With this latest financing, we're armed to extend our leadership position, providing the infrastructure needed to deliver on the promise of mCommerce."

Mullagh said ViVOtech is fortunate to be supported by a stellar group of venture and strategic investors. He said it's gratifying to see ViVOtech gaining strong commercial traction with its trusted service management, touch, marketing and loyalty software offerings for NFC- and QR code-based m-commerce initiatives.

Other current investors in ViVOtech include  Alloy Ventures, Citi Ventures, First Data Corporation, Motorola Mobility Ventures and Nokia Growth Partners.

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