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News

Smartphone data security start-up launched with venture capital

Lookout : 22 December, 2009  (Company News)
Mobile security company launches with the aim of protecting smart mobile devices from data loss, malicious software and hackers
Lookout, a mobile security startup, has been launched with a $5.5M Series A round of funding from Khosla Ventures, Trilogy Partnership and angel investors including Phil Paul, founder of Paul Capital Partners, Chris Sacca, former Head of Special Initiatives at Google and Joseph Ansanelli, former CEO and co-founder of Vontu. These technology and business visionaries see mobile security as a significant opportunity as mobile devices become the primary personal computing platform.


Lookout is a mobile security software startup helping smartphone users worldwide protect their mobile devices from threats such as malware, hackers, and loss or theft. Lookout leverages proprietary security technology designed specifically for mobile devices enabling advanced protection while remaining lightweight and efficient. It is a cross platform, cloud connected application with advanced security, backup, missing device services, and over-the-air management capabilities. Lookout has recently been in private beta, generating highly enthusiastic responses from early users, and will be publicly available in 2010.

"The mobile device has quickly become the most personal computer, and they need to be protected," said Vinod Khosla, founder of Khosla Ventures and Sun Microsystems.

"There will be more smart phones than desktop PCs in the next 24 months and the majority of the next billion people who access the internet for the first time will do so with a mobile device. Unfortunately, the threats facing these great technologies are advancing at an equally as impressive rate," said John Hering, cofounder and CEO of Lookout.
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