Lookout

Lookout is a company that offers endpoint security focused on mobile devices. Its endpoint security offering uses artificial intelligence and behavior detection to protect mobile devices from apps, device threats, and network threats. Lookout also offers an endpoint detection and response (EDR) platform that can obtain telemetric data from iOS, Android, and ChromeOS mobile devices while centrally monitoring mobile endpoint devices to detect and respond to threats. As of March 2021, Lookout carried out behavioral analyses from close to 200 million devices and more than 120 million apps. Lookout’s solutions are used by organizations in sectors such as financial services, healthcare, government, and manufacturing.

The company’s key clients include Landis+Gyr, Henkel, Nasdaq, and Schneider Electric. Lookout has also entered into partnerships and product integrations with Google, Microsoft, and VMware.

For the financial year ended January 2020, the company recorded 250% year-over-year (YoY) growth in the number of customers, along with 320% growth in the number of users employing its phishing protection offering.

Lookout acquired SaferPass , a Slovakia-based password management startup, in June 2022. SaferPass provides password management and online identity solutions to protect the privacy, login credentials, and other sensitive information of consumers and businesses. The solution provides users with a digital vault that enables them to encrypt and securely store their login information, which can be later used to access services through mobile apps and web browsers. The solution enables users to generate strong unique passwords through a password generator tool and autofill them. SaferPass prevents users from using the same password at multiple access points and automatically informs them to change their passwords by comparing them with databases of leaked passwords. Lookout incorporated SaferPass’ password management capabilities into its suite of security solutions to provide customers with advanced password monitoring and alerts on leaked user credentials on the dark web. It also updates the compromised password to protect the user’s account from risks such as identity theft. The acquisition is expected to expand Lookout’s channel partnerships and footprint in Central Europe.

In April 2016, Lookout acquired the cloud-based mobile security provider Bluebox Security for an undisclosed amount. The acquisition enables Lookout to expand its mobile security offering. In addition, the company acquired CipherCloud in March 2021. CipherCloud is a provider of cloud security solutions under Secure Access Service Edge (SASE) architecture, covering products such as Cloud Access Security Broker (CASB), Zero-Trust Network Access (ZTNA), and Secure Web Gateways (SWG). This acquisition will complement Lookout’s existing endpoint offering, allowing it to provide a bundled solution for clients to protect both the cloud and the endpoint.

In April 2023, Lookout sold its consumer mobile security business —which develops a mobile antivirus app—to European cybersecurity firm F-Secure for ~USD 223 million, to focus on becoming a pure-play enterprise security firm.