Debit card provider Tempo Payments racks up $2.7M

Tempo Payments, a provider of debit cards and related technologies, has brought in $2.7 million of an anticipated $3 million round of equity. Based in San Mateo, Calif., it last raised $5 million in a third round of investment in 2007 from Cardinal Venture Capital, Integral Capital Partners and Selby Venture Partners, according to VentureWire.

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About the Author, Camille Ricketts

Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.

With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.