Fixmo Receives Strategic Investment from Samsung Ventures

Fixmo, a Sterling, Virginia and Toronto, Canada-based provider of mobile security and risk management solutions, received a strategic investment from Samsung Ventures, the venture capital arm of the Samsung Group.

The amount of the transaction was not disclosed.

The company intends to use the capital to advance research and development in the areas of mobile device integrity verification, data loss prevention (DLP), risk analytics and trusted mobile computing.

Led by Rick Segal, CEO, Fixmo provides Government agencies and Enterprise customers around the world with mobile security products for securing and managing their mobile devices, business applications and private corporate data across company-owned and employee-owned (BYOD) smartphones and tablets. These enterprise products include:
– Fixmo Sentinel, an enterprise mobility platform for securing mobile devices and monitoring system integrity;
– Fixmo SafeZone, a defense-grade secure container for keeping corporate email, data and apps encrypted, contained and under IT control; and
– Fixmo AppZone, a comprehensive mobile application management (MAM) solution for deploying, monitoring and supporting mobile apps in the enterprise.



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