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Symantec Partners With LifeLock...

By: Joe Griffin
2009-08-14

...to Unite $40M in Funding. 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.

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About the Author:
Joe has over 12 years experience in the search engine marketing industry. He co-founded Submitawebsite.com in 1997, served as a Vice President, Media at iCrossing for 3-years, and sold Submitawebsite to Web.com (Nasdaq:WWWW) in April 2007. Joe is Managing Director at iAcquire, and oversees corporate development and business strategy.


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