News Article
Discretix receives $20 million VC boost
Discretix announced that it plans to leverage its recent $20 million in new investment financing to pursue an expanded range of content protection solutions for the consumer and enterprise markets.
Discretix announced that it plans to leverage its recent $20 million in new investment financing to pursue an expanded range of content protection solutions for the consumer and enterprise markets.
Chief amongst Discretix’ areas of investment is Mobile TV; especially security technologies that provide conditional access for TV content delivered to a mobile device. Into this offering Discretix plans to incorporate its traditional strengths in full device integration, multi-scheme support, and flexible architectures that are “future-proofed” to accommodate new security schemes as they become available.
“This new round of investment from major funders including Sequoia Capital is an affirmation of Discretix’ many accomplishments as well as the company’s plans for the future,” said Gal Salomon, chief executive officer and founder of Discretix. “We have been fortunate to deploy our technologies into some of the world’s most popular mobile and Flash memory platforms. This experience has given us the momentum necessary to develop all kinds of new and innovative security solutions.”
