Samsung Ventures announces backing of Fixmo
Samsung Ventures, the investment branch of the massive South Korean Samsung Group, has thrown its support behind Fixmo, a developer of mobile software. Fixmo has a very acute focus on the realm of mobile security. The company typically caters to enterprises and government clients, offering a variety of risk management and security tools for mobile devices. Samsung Ventures believes that the company holds a great deal of promise, especially as the world becomes more reliant on mobile technology.
Mobile security continues to attract attention of large companies
Mobile security has become a very serious issue across a variety of industries and channels. Consumers are becoming more reliant on their smart phones and tablets to function in their daily lives. Phenomena like mobile commerce are great examples as to how mobile technology is beginning to play a more important role throughout the world. Because consumers have a tendency to share or store very valuable information on their smart phones and tablets, these devices have also become prime targets for hackers and anyone interested in exploiting this information for some form of gain.
Investments will help Fixmo with research and development
Fixmo notes that the investments coming from Samsung Ventures will help the company continue its research and development projects. Samsung has been working to get more involved in the mobile security space recently, especially where it concerns enterprise. The company is not the only one showing interest in Fixmo, however. Last year, Motorola also partnered with Fixmo in order to get more involved with mobile security and help make progress in this particular field.
Samsung may be looking to compete with RIM for enterprises
Samsung may be strategically positioning itself to compete with one of the largest companies that has made several breakthroughs in the field of mobile security: Research In Motion (RIM). RIM is gearing up for the release of the BlackBerry 10, which is expected to be one of the most popular mobile devices for enterprises around the world. The BlackBerry platform has long catered to enterprise clients and offers a variety of security features that make it more viable than mobile devices coming from other companies.