Qpass is a U.S.-based software provider that provides full cycle of activities for business systems and value-added data services.
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.
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 |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Hook Partners | — | Series B |
Accenture | — | Series A |