Discretix Gets $20M In 3rd Round Funding

By James Quintana Pearce Jan. 10, 2007, 4:00pm Comments Off

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)