Lookout raises $19.5M in third round of funding | RCR Wireless

Lookout raises $19.5M in third round of funding

by Matt Kapko

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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