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venture capital investment of $23 million landed by Toronto mobile company
Fixmo in late 2011 has already seen the company add 10 staff members, according to Fixmo chief marketing officer Tyler Lessard, bringing the total staff to 50. He says they will continue to grow their staff over the next six to 12 months as the company gears up to develop a broader global profile (they have
postings for multiple positions up now).
Founded in 2009, the company originally set out to provide personal data security to users of mobile devices, such as smartphones and tablets, through a set of software tools. But the mandate changed somewhat in 2010 when Fixmo partnered with the US
National Security Agency (NSA) to commercialize the intelligence agency's internal integrity monitoring system.
"Fixmo was chosen for that partnership because of our record of success in the field of mobile security," Lessard says.
The company, headquartered on Yonge Street near King, soon opened a Virginia office and acquired Conceivium to offer a "holistic range of mobile integrity management software."
2011 saw rapid growth as the trend towards "bring your own device" policies in corporations has led to increased challenges for IT departments, who now need to secure data across a range of operating systems and software brands used by their employees. As the mobile age evolves, Lessard sees the demand for these services continuing to grow as they expand beyond North America and broaden the range of products they offer.
Writer: Edward Keenan
Source: Tyler Lessard, Chief Marketing Officer, Fixmo