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The smartphone security start-up picks up another round of funding, this time from Accel Partners, along with new members for its leadership.
Market for data loss prevention is increasingly becoming consolidated, but industry leader Vontu could become the odd man out.
Lookout offers data security, backup, and management over the Web and a way to locate and protect missing or stolen devices.
So much for business slowing down in the summer. Brocade, McAfee, and others are forking over cash in an effort to scale up.
The DLP guys found a goldmine while ERM companies faded away, but there are a few ironies in this victory.
Data Loss Prevention, or DLP, was appropriate circa 2005, but not in 2008. So if DLP doesn't fit anymore, what does?
In 2008, you might just see a couple of deals that break the traditional pattern of mergers and acquisitions, says Jon Oltsik.
It was a pretty sure bet that Symantec would buy a DLP company, but why Vontu?
EMC security unit RSA plans to buy Tablus, a data leak prevention company; think of this deal as a portfolio extension.