$20M for Verimatrix

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.

Wade Roush is Xconomy's chief correspondent. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.

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