Lookout Mobile Security has raised $40 million in venture capital financing. The investment funding round was led by Andreessen Horowitz, while existing investors Khosla Ventures, Accel Partners and Index Ventures also took part in the fundraising process.
Jeff Jordan from Andreessen Horowitz has been appointed to Lookout Mobile’s board of directors. The smart-phone security provider will use the proceeds to broaden its product offerings, fuel global expansion and continue building a world-class team.
Click here for the release from Business Wire.