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Lookout raises $19.5M in third round of funding

by Matt Kapko
written by Matt Kapko Share
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Lookout Inc., a mobile security app provider, has raised $19.5 million in a third round of funding.
The company claims more than 4 million users and says it will continue to invest in products for smart phones and tablets. The latest cash infusion came from Index Ventures, Accel Partners and Khosla Ventures. The deal also lands Mike Volpi, a partner at Index, a seat on the company’s board of directors.
In a blog post on Lookout’s site, co-founder and CEO John Hering highlighted some of the app’s awards in 2010 and its feature on a national TV commercial from Verizon Wireless (VZ).

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Former Feature writer for RCR Wireless NewsCurrently writing for CIOhttp://www.CIO.com/ Matt Kapko specializes in the convergence of social media, mobility, digital marketing and technology. As a senior writer at CIO.com, Matt covers social media and enterprise collaboration. Matt is a former editor and reporter for ClickZ, RCR Wireless News, paidContent and mocoNews, iMedia Connection, Bay City News Service, the Half Moon Bay Review, and several other Web and print publications. Matt lives in a nearly century-old craftsman in Long Beach, Calif. He enjoys traveling and hitting the road with his wife, going to shows, rooting for the 49ers, gardening and reading.

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