Thursday, October 10, 2013

Qualcomm Backs Lookout's Mobile Security Tools

San Diego-based Qualcomm is backing mobile security software maker Lookout, as part of a big, $55M funding round for Lookout which was announced Thursday. Lookout said it raised $55M in a funding from Deutsche Telekom, Qualcomm, Greylock Ventures and Mithril Capital Management, along with Accel Partners, Andreessen Horowitz, Index Ventures, and Khosla Ventures. Lookout develops mobile device and network security technology. The company's tools are aimed both at individual consumers as well as businesses. No details on the size of Qualcomm's stake were announced. Lookout is based in San Francisco. More information »

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