Tag: financing

Fixmo Raises $6.5 Million for Enterprise Mobile Management and Protection Solution

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It’s great to hear about Canadian companies raising funds as it seems Silicon Valley seems to be eating all the cash these days. Fixmo, a company that delves in both enterprise and consumer mobile solutions and is based in Toronto, Canada, has raised $6.5 million in financing. The Series B funding round was led by new investor Panorama Capital, with existing investors Rho Ventures Canada, iNovia Capital, Extreme Venture Partners and management participating. The funding is going to help grow Fixmo’s enterprise mobile management and protection solutions business which was all the rage at BlackBerry World this year.

The Fixmo solution provides device assurance, policy compliance, and device audit solutions, as well as tools that allow enterprises to manage their entire mobile infrastructure, end-to-end, through a single interface. It also probably helps that the Co-Founder and CEO Rick Segal is well versed in raising capital, as he used to be with the BlackBerry Partners Fund.