Discretix Gets $20M In 3rd Round Funding
By James Quintana Pearce - Wed 10 Jan 2007 03:00 AM PST
Discretix, which provides embedded security solutions for mobile devices and flash memory, has announced that it has raised $20 million in third round financing. The round included all current Discretix investors as well as newcomer Sequoia Capital. It brings the total outside investment to $29.8 million. Discretix plans to use this new capital to pursue content protection solutions for the mobile content and enterprise markets. (press release)
Posted in: Money, VC M&A, Technologies, DRM
