Verimatrix has garnered an additional $5 million in a new round of funding to support its move into hybrid, cable and mobile applications.

The company’s existing investors - Mission Ventures, Crescendo Ventures and Cipio Partners - participated in the round.

This year, the company launched its video content authority system (VCAS) for IPTV and VCAS for Cable IPTV, and it demonstrated its mobile offering. Also this year, Verimatrix surpassed three million set-top box licenses sold.

The company has also been named the global market leader in content security and will maintain that leadership until at least 2012, according to a new study by TelecomView . The study (“Opportunities in TelcoTV: Forecast & Market Shares”) is based on the subscriber base and growth plans of the top 50 global service providers.

“Our vision for protecting the ‘three screen’ world of pay-TV will help enable new and exciting revenue streams for enhanced entertainment,” said Tom Munro, CEO of Verimatrix.