Lookout, a San Francisco-CA-based provider of smartphone security applications, completed an $11M Series B round of funding. The investment was led by Accel Partners, with participation from Khosla Ventures and Trilogy Partnership.
In conjunction with the funding, the company has added several new executives to its team, including former CEO of Vontu and executive at Symantec, Joseph Ansanelli, as Chairman of the Board.
Ping Li, Partner at Accel Partners, will join the board, as well.
Lookout has also added:– Eric Bothwell as vice president of engineering, who formerly held engineering leadership positions at Vontu and Symantec;
– Chris Jones as vice president of product management, formerly senior director of portfolio product management at Symantec;
– Julie Herendeen as vice president of marketing, formerly vice president of network products and advertising solutions for Yahoo! Inc.
The company has developed applications that immediately identify and block threats before they compromise a consumer’s mobile phone, backup and restore mobile content, find a lost or stolen phone and wipe data from a phone if necessary. They are currently available in more than 400 mobile networks in 170 countries.
FinSMEs
18/05/2010