Wednesday, February 23, 2011

Fuze Network Finds $1.2M

Salt Lake City-based Fuze Network, a developer of financial payments technology, said today that it has raised $1.2M in a seed financing round. The round was led by Metamorphic Ventures and Kickstart Seed Fund. According to the firm, the new funding will go to grow its network of payment gateways, used to make payments at banks and retail locations. Fuze network is headed by Dave Wilkes, who was formerly Chief Marketing Officer and Head of Strategic Alliance at Galileo Processing. More information »