Search Concepts

Posted by Search Concepts on August 13th, 2009 View Comments
Posted in Corporate Development |

Symantec and LifeLock are uniting their cause to make your online and offline experience safer by creating a limited edition Norton AntiVirus with a free 30 day trial membership to LifeLock. This is also accompanied with a 10 percent off extended membership and throws in two movie tickets.

LifeLock has had great success in raising funds. The initially kicked off with 2 million in seed funding, then in early 2006 locked in approximately $4.5 million in venture funding from Bessemer Venture Partners. LifeLock in the spring of 2007 raised $6 million in Series B funding from Kleiner Perkins Caufield & Byers, followed by $25 million in Series-C funding led by the Goldman Sachs Group Inc.

Both of these companies in the short term should see a nice bump in sales and hopefully with positive customer feedback these sales will hold for the 3rd and 4th quarter, and continue on into 2010.

Tags: Bessemer Venture Partners, Business, Financial Services, Goldman Sachs, Kleiner Perkins Caufield & Byers, LifeLock, Symantec, Venture capital

This entry was posted on Thursday, August 13th, 2009 at 2:48 pm and is filed under Corporate Development. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.