Lookout was founded in 2005 by James Burgess, John Hering, and Kevin Mahaffey. The company has not publicly endorsed a plan to pursue an IPO at this time. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Lookout is a cybersecurity firm that works with partners such as AT&T, Verizon, Vodafone, Microsoft, Google, and Apple. In 2016, the company acquired Bluebox, a cybersecurity firm that specializes in protecting company data that comes in contact with employee devices. In 2021 they acquired CipherCloud, a cloud security firm. Lookout has received nearly $300 million in funding from investors such as Wellington Management, T. Rowe Price, Goldman Sachs, and Morgan Stanley. In 2014, Forbes reported that the company could be worth significantly more than its $1 billion valuation.