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Fixmo

Risk Management · Toronto, Canada · Founded 2009

Mobile risk management company that helps organizations identify, mitigate and manage risks associated with mobile deployment MoreLess

Fixmo Inc. operated as a mobile risk management (MRM) company, concentrating on enabling enterprises and government agencies to mitigate the risks associated with mobile device deployments. Founded in 2009 by Shyam Sheth and Rick Segal, who also served as CEO, the Toronto-based company established itself in the mobile security sector. Rick Segal's extensive background in technology with entities like the U.S. Air Force, Microsoft, and Samsung informed Fixmo's direction in creating robust security solutions.

The company's business model revolved around providing software and services that addressed mobile security, risk management, and compliance. Its client base primarily consisted of government bodies, including a significant relationship with the U.S. Department of Defense, as well as enterprises in sectors like healthcare. A key aspect of Fixmo's technology development was its Co-operative Research and Development Agreement (CRADA) with the U.S. National Security Agency (NSA), which allowed it to commercialize and advance powerful MRM technologies initially developed by the agency.

Fixmo's product suite was designed to provide comprehensive mobile security. The flagship product, Fixmo Sentinel, was a mobility platform that ensured devices started and remained in a trusted state through continuous integrity monitoring and compliance reporting. Another key offering, Fixmo SafeZone, created a secure, encrypted container on personal devices to protect corporate data and applications, catering to the bring-your-own-device (BYOD) trend. The company also offered Fixmo AppZone for mobile application management and Fixmo SharePlace for secure access to Microsoft SharePoint. These products could be deployed together under the Fixmo MRM platform, a federated solution for defense-grade mobile security. The company successfully raised approximately $31.4 million in funding from notable investors including Motorola Solutions, Samsung Venture Investment, Kleiner Perkins, and Paladin Capital. In June 2014, Good Technology acquired Fixmo, a move that integrated Fixmo's device integrity and tamper detection technology into Good's security platform and resolved an ongoing patent infringement lawsuit between the two companies.

Keywords: mobile risk management, mobile device management, BYOD security, mobile data protection, cybersecurity, integrity assurance, compliance reporting, secure mobile workspace, enterprise mobility, data loss prevention, government mobile security, defense-grade security, NSA CRADA, mobile application management, tamper detection, secure container, mobile security platform, enterprise mobile infrastructure, mobile policy enforcement, device auditing

Company overview

Fixmo company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
2009
Headquarters
Toronto, Canada
Employees
8
Open positions
None listed
Dealroom signal
71.4
Investment activity
1 companies · latest Apr 2011
Capital deployed
Preferred round
ACQUISITION
client focusb2bsectorRisk Management

Valuation & funding

Fixmo funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Jun 2014 $0 Good Technology
LATE VCEquity / VC Jan 2013 $0 Samsung Ventures
SEEDEquity / VC Aug 2012 Motorola Solutions
SERIES CEquity / VC Nov 2011 $23M $92M Inovia Capital · Horizons Ventures · Kleiner Perkins · Rho Canada Ventures
SERIES BEquity / VC Jun 2011 $6.5M $26M Inovia Capital · Rho Capital Partners · Panorama Capital · Extreme Venture Partners
EARLY VCEquity / VC Feb 2010 Eniac Ventures · Rho Capital Partners
Showing 6 recorded eventsUnlock the complete deal history →

Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 8
2025 7
2024 7
2023 7
2022 7
2021 7
2020 7
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Growth signals

Fixmo website traffic

Latest recorded traffic for Fixmo is 420 monthly website visits. Fixmo's team grew 14.3% over the past year.

Latest monthly visits420 1-year team growth+14.3%
Monthly website visits42 observations · Jan 2017–Mar 2023
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Comparisons

Fixmo compared with similar companies

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Showing 8 of the closest matchesCompare every metric →

Capital deployed

Fixmo investments and acquisitions

Recent portfolio relationships for companies that also act as investors or acquirers.

Talent graph

Fixmo's talent

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Team profiled 20 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

13 investors on Fixmo's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 1 investor entered at this stage
Motorola Solutions
Series A 5 investors entered at this stage
Eniac Ventures
Rho Capital Partners
Panorama Capital
Inovia Capital
Extreme Venture Partners
Series B+ 5 investors entered at this stage
Paladin Capital Group
Horizons Ventures
Kleiner Perkins
Rho Canada Ventures
Samsung Ventures
Other known 2 additional known investors
Good Technology
Frank Meehan

Global footprint

Where Fixmo has talent and traffic

Workforce by country
2 countries with
team presence
🇨🇦 Canada50%
🇺🇸 United States50%
2 countries shown

In the news

Latest news about Fixmo

Recent press, funding announcements, and product moves mentioning Fixmo — open to read from the original sources.

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Market sentiment

What the market is saying about Fixmo

An AI-synthesized read of the highest-engagement posts about Fixmo on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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