MobizCom is developing cutting-edge One Time Authentication Certification (OTAC) technology which enables users to conveniently and securely perform transactions via mobile phones, handheld devices or personal computers.

According to DFJV Managing Director Andy Ho, the investment fund will work with MobizCom to build flexible solutions for its clients, such as trade and financial companies, to increase profits and have greater convenience in their operations.

Valued at US$35 million, DFJV is a venture capital fund managed jointly by the international venture capital firm from Silicon Valley, Draper Fisher Jurvetson (DFJ) and one of Vietnam’s leading investment management funds, VinaCapital.