Lookout Banks $150 Million To Sell Its Mobile Security To Bigger Businesses
Submitted by Anonymous (not verified) on
Seven-year-old startup Lookout can boast 50 million users worldwide who depend on it to keep their phones safe malware. But what it really wants is the enterprise-sized customer with its thousands of employees--and their phones. So as its new CEO begins a mating dance with the world's largest corporations, the company's decided it needed some gaudier plumage to close the deal--$150 million's worth.