Qpass

company

About

Qpass is a U.S.-based software provider that provides full cycle of activities for business systems and value-added data services.

  • 10001 - max

Details

Last Funding Type
Series A
Last Funding Money Raised
$40M
Industries
Media and Entertainment,Software,Telecommunications
Founded date
Jan 1, 1997
Number Of Employee
10001 - max
Operating Status
Close

Qpass is a U.S.-based software provider that specializes in managing the full cycle of activities for business systems and value-added data services for wireless carriers and network operators. Its offering includes content partner relationships, authentication, transaction management, access control, billing, settlement and customer care.


Founded in 1997, Qpass started out as a Web payment service in which the Qpass servers contained the digital wallet information necessary to complete purchases. It was the first company to host a full e-commerce system shared by participating merchants that appeared to be part of the merchant's own site. In 2004, the company acquired Dublin-based Altamedius, a well known European payment provider, in order to be able to offer this service to its mobile commerce clientele. In 2006, Qpass was acquired by Amdocs Ltd.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$52.70M
Qpass has raised a total of $52.70M in funding over 2 rounds. Their latest funding was raised on Dec 30, 2002 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 30, 2002 Series B $12.70M 1 Detail
May 30, 2000 Series A $40M 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
Qpass is funded by 2 investors. Hook Partners and Accenture are the most recent investors.
Investor Name Lead Investor Funding Round
Hook Partners Series B
Accenture Series A