led the first venture round with a C$5,000,000 investment with the proceeds being used to complete the development of RIM's two-way paging system hardware and software. In 1995, RIM was financed by Canadian institutional and venture capital investors through a private placement in the privately held company. In 1995, it introduced Freedom, the first Type II PCMCIA radio modem for Mobitex. In the same year, it received the Emmy Award for Technical Innovation and the KPMG High Technology Award. In 1994, it introduced the first Mobitex mobile point-of-sale terminal. In the same year, it launched Ericsson Mobidem AT and Intel wireless modems containing RIM modem firmware. In 1993, it introduced the RIMGate, the first general-purpose Mobitex X.25 gateway. In 1992, it introduced the first Mobitex point-of-sale solution, a protocol converter box that interfaced with existing point-of-sale terminal equipment to enable wireless communication. In 1991, it introduced the first Mobitex protocol converter.

In 1990, RIM introduced the DigiSync Film KeyKode Reader. Mobitex's wireless data transport also became RIM's first wireless data service that powered the Blackberry and Palm devices until it was phased out. In 1988, RIM became the first wireless data technology developer in North America and the first company outside Scandinavia to develop connectivity products for Mobitex wireless packet-switched data communications networks. At the time, Lazaridis was an engineering student at the University of Waterloo while Fregin was an engineering student at the University of Windsor. Research In Motion Limited was founded in March 1984 by Mike Lazaridis and Douglas Fregin. History 1984–2001: early years and growth Logo as Research In Motion, used prior to January 30, 2013 They include the BlackBerry Cylance, the QNX real-time operating system BlackBerry Enterprise Server (BlackBerry Unified Endpoint Manager), and a Unified Endpoint Management (UEM) platform. Its products are used by various businesses, car manufacturers, and government agencies to prevent hacking and ransomware attacks. In 2016, it transitioned to a cybersecurity enterprise software and services company under CEO John S. Founded in 1984, it originally developed the BlackBerry brand of interactive pagers, smartphones and tablets. BlackBerry Limited (formerly Research In Motion) is a Canadian software company specializing in cybersecurity.

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