Telecom Lead America: Motorola Solutions has invested in
Fixmo, a provider of mobile security, compliance and risk management solutions
for the public and private sectors.
The investment was done through Motorola Solutions’
investment arm Motorola Solutions Venture Capital.
Fixmo’s products, Fixmo Sentinel and Fixmo SafeZone, help
organizations manage their secure mobile devices, maintain system integrity,
protect their corporate data and prove policy compliance.
Fixmo will invest the funds for the company’s research
and development activities and global market expansion.
Tony Palcheck, managing director of Motorola Solutions
Venture Capital, said that there is a growing imperative to ensure that devices
are compliant and in a high-integrity state. With a unique approach to mobile
risk management, Fixmo products give organizations the confidence and audit
trail they need to meet stringent compliance requirements whether they are in
the public or private sector.
Rick Segal, CEO, Fixmo, said by offering a layered
approach to mobile security and risk management, Fixmo helps organizations
manage and monitor their mobile devices and, more importantly, stay in
compliance with corporate policies and government regulations.