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This article was published on January 22, 2013


Samsung Ventures invests in mobile security firm Fixmo in push for more mobile enterprise solutions

Samsung Ventures invests in mobile security firm Fixmo in push for more mobile enterprise solutions Image by: Picasa
Matt Brian
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Matt Brian

Matt is the former News Editor for The Next Web. You can follow him on Twitter, subscribe to his updates on Facebook and catch up with him Matt is the former News Editor for The Next Web. You can follow him on Twitter, subscribe to his updates on Facebook and catch up with him on Google+.

In what could be conceived as a play to better position its products and services for government and enterprise use, Samsung’s investment arm — Samsung Ventures — has made a strategic investment in mobile security firm Fixmo for an undisclosed sum.

Fixmo says that the funding will be used to “advance research and development in the areas of mobile device integrity verification, data loss prevention (DLP), risk analytics and trusted mobile computing.”

Simply put, Samsung is looking to secure its smartphones, tablets and other devices, so that it can reassure government and enterprise customers that its devices are safe to use in areas where employees are handling sensitive data, accessing private networks or that its mobile products are safe to bring in from home (BYOD).

Or as Bloomberg puts it – take on RIM’s BlackBerry smartphones.

Fixmo already powers the consumer-friendly ‘3 Super Safe’ personal mobile security solution for 3 Hong Kong and provides products for its enterprise customers, which include mobile device security, data encryption and mobile app management across departments.

Today’s announcement is another piece of good news for Fixmo, which recently secured investment from Motorola Solutions Venture Capital in August 2012. Prior to today’s funding, the company has secured more than $30 million from Motorola and two other companies.

Related: Samsung Ventures invests $5m in TV e-commerce platform Delivery Agent in Smart TV push