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Monday, October 14, 2013

Mobile security company Lookout gets investment from Deutsche Telekom and Qualcomm

Mobile security specialist Lookout has arranged $55 million (£34.4 million) of strategic financing. Investors included Deutsche Telekom and Qualcomm Ventures as well as venture capital firms Greylock Partners and Mithril Capital Management, along with current investors Accel Partners, Andreessen Horowitz, Index Ventures and Khosla Ventures.

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The company says it’ll use the money to continue its international expansion and extend its reach. A ‘Lookout for Business’ application is already planned.

Heikki Mäkijärvi, senior vice president for global strategic partnerships at Deutsche Telekom, said “With the huge uptake of smartphone penetration, the ‘security for mobile devices’ topic has become much more important. It’s critical that we offer services that our customers trust. Lookout’s experience in developing leading-edge security applications for this new dynamic environment makes them the ideal partner for us in this category of device solution. By partnering with Lookout, we’re investing in the future of mobile to make sure it’s a delightful, secure experience for everyone.”

Lookout currently protects 45 million people worldwide and has partnered with a number of mobile companies including EE and Samsung.

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Opinion Articles

Last week at The Fonecast: 12th November 2012

Let the tills ring out...

Mark Bridge writes:

We’re moving into that time of year where product announcements are replaced by promotional campaigns and sales figures. Apple revealed it had sold three million assorted iPad tablets in just three days, while Samsung said its Galaxy SIII smartphone had sold more than 30 million units since its launch in May.

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Last week at The Fonecast: 5th November 2012

Expecting the expected

Mark Bridge writes:

Last week I referred to the previous week as having been ‘big news but no big surprises’ - and in many ways the past seven days have seen much of the same.

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Apple, Google Maps run afoul of South Korea

VOA News writes:

Some map applications are stirring up trouble, virtually erasing South Korea's claims to an island chain also claimed by Japan.

​​Both Apple and Google have removed the Korean name for the islands from their English and Japanese map services.

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New 'Shatoetry' app lets users send messages in William Shatner's voice

New 'Shatoetry' app lets users send messages in William Shatner's voice

Mark Bridge writes:

Look, I’m a fan of William Shatner. I enjoyed his autobiography on oh-so-many levels. And now the man known to many as Captain Kirk or T J Hooker has launched an iPhone app. It’s one of the few occasions I wish I had an iPhone.

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Last week at The Fonecast: 29th October 2012

Big news but no big surprises

Mark Bridge writes:

In many ways it’s been a week of big news without big surprises. Apple announced the much-rumoured iPad mini, which is just like an iPad but smaller. It also introduced a fourth-generation update to its larger iPad, promising more speed and more 4G connectivity.

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