VC, deals, Security

$20M for Verimatrix

Wade Roush 9/29/08

Verimatrix, a San Diego-based maker of security software for Internet-delivered pay TV, said today that it has obtained $20 million in Series C venture funding from JK&B Capital, Goldman Sachs, and SunAmerica Ventures. The company said the investment round would help it accelerate deployment of its software to hybrid cable/satellite networks in markets around the world.