Zooz Smart Payment Tech Raises $12M

July 17, 2014 | The smart payment technology provider Zooz announced that it raised $12 million in a recent financing round that was led by Blumberg Capital, XSeed Capital, lool ventures, Rhodium, and new investors Access Industries and Camp One Ventures. Zooz hopes to use the funds to continue the development of its product, scale up operations and open new offices. Zooz’s technology provides advanced payment technology by enhancing and optimizing the existing payment infrastructure of enterprise-sized businesses, enabling them to accept flexible payments in-store and online. Founded in 2010 by Oren Levy and Ronen Morecki, Zooz’s offices are located in Herzliya Pituach.