Samsung Ventures Invests in Fixmo

Fixmo, Inc., a Toronto-based provider of mobile security and risk management solutions for enterprise and government clients, has obtained a strategic investment from Samsung Venture Investment Corp., the investment arm of Korea's Samsung Group. The financial terms of the deal were not disclosed. Fixmo has raised over C$30 million in financing rounds since 2010. Its Canadian and US venture backers include Extreme Venture Partners, Horizon Ventures, iNovia Capital, Kleiner Perkins Caufield and Byers, Motorola Ventures, Paladin Capital, Panorama Capital and Rho Canada Ventures.

22 January 2013•3 mins read
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