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§ Private Profile · Toronto, Canada
Provides Mobile Risk Management software for enterprises and government, focused on mobile security and compliance.
Fixmo has raised $30.0M across 2 funding rounds.
Key people at Fixmo.
Fixmo has raised $30.0M in total across 2 funding rounds.
Fixmo is a Toronto, Canada-based enterprise software company that provides mobile risk management solutions to help organizations identify and mitigate security vulnerabilities across business and personal devices. The company develops specialized software products, including Fixmo Sentinel, SafeZone, and SafeGuard, which verify device integrity, protect corporate data from breaches, and ensure regulatory compliance. These security platforms are utilized by various public and private sector clients, specifically targeting customers operating within the government, healthcare, and large enterprise markets. Prior to its acquisition, the business raised a total of $29.5 million in venture capital funding, which included a strategic investment from Motorola Solutions to support global expansion. Following its period of independent operation, the mobile security provider was acquired by Good Technology in May 2014. Fixmo was founded in 2009 by chief executive officer Rick Segal.
# Fixmo: Mobile Risk Management Pioneer
Fixmo is a mobile risk management (MRM) company that helps enterprises and government agencies identify, mitigate, and manage security risks associated with mobile devices in the workplace.[1] The company provides defense-grade solutions built on technology initially developed through partnerships with the U.S. National Security Agency (NSA) and the U.S. Air Force.[2] Fixmo serves both private sector enterprises and government agencies, enabling organizations to deploy commercial mobile devices—including iPhones, Android phones, and BlackBerrys—while maintaining strict security, compliance, and data protection standards.[6][7]
Fixmo's core value proposition centers on solving a critical organizational challenge: how to harness the productivity benefits of modern smartphones and tablets without sacrificing security or regulatory compliance. The company has raised $29.5M in total funding and operates as an acquired company.[1] Its solutions address the inherent vulnerabilities of commercial mobile technology by continuously verifying device integrity, preventing data loss, monitoring compliance, and enabling organizations to prove adherence to security standards through enterprise reporting.[1]
Fixmo was headquartered in Sterling, Virginia, with additional operations in Toronto, Canada.[2] The company's foundation is uniquely rooted in government partnerships rather than traditional venture-backed entrepreneurship. Fixmo's mobile risk management technologies were developed through Co-operative Research and Development Agreements (CRADAs) with the U.S. National Security Agency (NSA) and the U.S. Air Force, giving the company access to defense-grade security technologies from inception.[2][6]
Under CEO Rick Segal's leadership, Fixmo evolved from a government-focused security provider into a broader enterprise solution. The company demonstrated early traction by securing partnerships with major defense contractors—notably Motorola Solutions, which invested in Fixmo and integrated its technologies into the AME 2000 platform for government mobility.[2][5] Fixmo also expanded through acquisition, completing the purchase of Conceivium Business Solutions Inc. to offer end-to-end mobile infrastructure management.[4]
Fixmo emerged at a critical inflection point in enterprise mobility. As smartphones and tablets transitioned from consumer gadgets to essential business tools in the 2010s, organizations faced an acute security dilemma: commercial mobile devices lacked the security controls of traditional enterprise infrastructure. Fixmo positioned itself at the intersection of mobile device management (MDM), endpoint security, and regulatory compliance—three converging market forces.
The company's government partnerships provided both a beachhead and a halo effect. By securing adoption within the U.S. Air Force and Department of Defense, Fixmo established credibility that extended into the private sector, where enterprises and financial institutions faced similar compliance requirements. This government-first strategy differentiated Fixmo from consumer-focused mobile security vendors and positioned it as a trusted partner for high-stakes environments.
Fixmo's work also influenced broader industry trends. The company's collaboration with Lockheed Martin on gesture-based authentication and its CRADA partnerships with the Air Force helped establish new standards for mobile device verification and user authentication—technologies that would eventually influence industry-wide practices.[8]
Fixmo's trajectory reflects a broader maturation of enterprise mobility. The company successfully bridged the gap between government security requirements and commercial mobile device capabilities—a problem that became increasingly urgent as smartphones became indispensable to field operations, remote work, and real-time communications.
Looking forward, Fixmo's influence will likely depend on how the mobile security landscape evolves. The rise of zero-trust security models, increased regulatory scrutiny around data privacy, and the normalization of remote work all favor companies that can provide granular device verification and compliance attestation. However, Fixmo faces competition from larger unified endpoint management (UEM) platforms and emerging mobile threat defense vendors.
The company's government relationships remain a significant moat, but sustained growth will require demonstrating that its NSA-derived technologies remain relevant as threat landscapes shift toward cloud-based attacks, supply chain vulnerabilities, and AI-driven security challenges. Fixmo's ability to innovate beyond device integrity verification—and to articulate value in an increasingly crowded mobile security market—will determine whether it remains a category leader or becomes a specialized niche player acquired by a larger security conglomerate.
Fixmo has raised $30.0M across 2 funding rounds. Most recently, it raised $23.0M Series C in November 2011.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2011 | $23M Series C | Paladin Capital Group | Inovia Capital, Horizons Ventures, Kleiner Perkins | Announced |
| May 1, 2011 | $7M Series B | Panorama Capital | Inovia Capital, Extreme Venture Partners, RHO Ventures | Announced |
Key people at Fixmo.
Fixmo has raised $30.0M in total across 2 funding rounds.
Fixmo's investors include Paladin Capital Group, iNovia Capital, Horizons Ventures, Kleiner Perkins, Panorama Capital, Extreme Venture Partners, Rho Ventures.
