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).
Lookout raises $19.5M in third round of funding
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What infra upgrades are needed to handle AI energy spikes?
AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants
AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants