Lookout Mobile Security Raises $19.5M in Series C Funding
Summary
The round was led by new investor Index Ventures, with participation from Accel Partners and Khosla Ventures. In conjunction with the funding, Mike Volpi, Index partner and former Cisco executive, joins Lookout’s board of directors. Commenting on the funding, CEO and founder John Hering said: “This investment will help Lookout expand to other platforms and develop additional security services to protect consumers”. Lookout’s cloud-connected solutions deliver advanced protection for smartphones from malware and spyware, data backup and recovery, and can locate a missing device if it is lost or stolen. It has users across 400 mobile networks in 170 countries.
Funding
Amount
$19.5M
Total raised
Date
December 23, 2010
Announcement date
Investors
Accel, Kholsa Ventures
Lead investors
Company
http://www.lookout.com
Funded company
Classifications
industries
Telecommunications
applications
Networking and Cloud
AskAI Classifications
Labels
Cybersecurity
Mobile Security
Software Development
Linked Companies
Lookout, Inc.
$100M to $250M