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Short Take: Trintech gets $20 million investment

Electronic payments firm Trintech has received $20 million in new financing. Investors from the financial community include BancAmerica Robertson Stephens, BT Alex Brown, Hambrecht & Quist, HarbourVest International, Loewenthal Capital, Bayview Investors, and Pilgrim, Baxter, & Associates. Industry investors include Security Dynamics, SCM Microsystems, and RSA Data Security CEO Jim Bidzos. Trintech also acquired from RSA a software toolkit called S/Pay, which creates security payment software.