Secustream Technologies

Secustream Technologies

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DateInvestorsAmountRound
investor

€0.0

round
investor

€0.0

round

NOK22.0m

Valuation: NOK22.0m

Acquisition
Total Funding000k
Notes (0)
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Secustream Technologies AS was a Norwegian-based company founded in 2006 that operated in the cybersecurity sector, specializing in managed security services. The company was established as a spin-off from the Norwegian University of Science and Technology (NTNU), originating from the Department of Computer and Information Science. The founding team included Stig Martin Fiskå, an entrepreneur with a history of co-founding successful digital companies since the age of 16. His extensive background in digital transformation, AI, and engineering shaped the company's direction.

The core business of Secustream was to provide a security platform for digital rights management (DRM). This platform was designed to protect digital content through an electronic enforcement system, preventing piracy and reverse engineering. The company targeted a client base that included home video distributors, IPTV service providers, and online gaming providers. In March 2007, Secustream secured an undisclosed amount in a private equity funding round from ProVenture. This investment supported the company's efforts to develop its DRM technology.

Secustream's journey as an independent entity was relatively short. On May 13, 2008, the company was acquired by Conax, a company associated with Telenor. This acquisition marked a significant milestone, integrating Secustream's DRM solutions into a larger portfolio of content protection services. Keywords: Secustream Technologies, managed cyber security, digital rights management, DRM, content protection, anti-piracy, IPTV security, online gaming security, NTNU spin-off, Conax acquisition, Stig Martin Fiskå, ProVenture, Norwegian cybersecurity, video distribution security, electronic enforcement system, secure software, reverse engineering prevention, technology exit, Telenor, digital media protection

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