Daily Archives: October 10, 2013

Lookout, a leader in mobile security, has raised $55m in a fundraising round which saw Deutsche Telekom, the German telecoms company, and Qualcomm, the chipmaker.

The money will be used for expanding into selling its software to businesses and protecting the “Internet of Things”.

The San Francisco-based company also raised money from VC firms Greylock Partners and Mithril Capital Management, on top of getting more funding from its current investors Accel Partners, Andreessen Horowitz, Index Ventures and Khosla Ventures. Before this funding round, it had raised $76.5m in total.

John Hering, co-founder and chief executive, said the company wants to become the leading security firm for the “post-PC era” and hopes to work closely with Qualcomm to develop security software for the new wave of devices which are being connected to the internet. Read more

Windows 8 was panned and blamed for a historic fall in PC sales earlier this year, so let’s give some love to other versions of Microsoft’s much-maligned operating system in a look at the latest PC figuresRead more

It may be getting chilly for barbecuing sausages on BioLite’s new attachment to its twig-powered camp stove, but be warmed by the satisfaction of knowing you are helping its efforts to save lives in developing countries.

The US company is leveraging its success with outdoors types to help fund its longer-term project of providing safer stoves for the half of the world’s population that still cooks on open wood fires every day. Read more