Where does your enterprise stand on the AI adoption curve? Take our AI survey to find out.


Discretix, a San Mateo company that sells security technology for mobile devices and flash memory, said it has raised $20 million in a third round of funding.

New investor Sequoia Capital joined existing investors, Accel Partners, Pitango Venture Capital, Genesis Partners, SFK, Poalim Ventures and Eurocom Group. Total raised is now $29.8 million.

Discretix’s hardware and software allows digital rights management, secure protocols and other encryption technology for ecommerce.

Here is the company’s statement.

(Story first published 1/9)

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member