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Lookout raises USD 150 mln to target business market

2014-08-13 16:27:00| Telecompaper Headlines

(Telecompaper) Mobile security software developer Lookout has raised another USD 150 million in financing to help expand its products to large companies. Lookout already counts over 50 million consumer users, including millions of paying customers. Its growth has been supported by strategic relationships with mobile operators such as Deutsche Telekom. The company will use the new funds to extend its reach to large enterprises through new product development and expanded go-to-market efforts. The financing was led by investment funds managed by T. Rowe Price Associates and includes participation from new investors Morgan Stanley Investment Management, Wellington Management Company, Goldman Sachs and Bezos Expeditions. Existing investors Mithril Capital Management, Khosla Ventures, Accel Partners, Index Ventures and Andreessen Horowitz also participated. 

Tags: business market target usd

 

AUSTRALIA: Target discloses Bangladesh suppliers

2014-08-13 13:51:00| Daily apparel & textile news and comment - from just-style.com

Retailer Target Australia has disclosed the locations of its supplier factories in Bangladesh - a move welcomed by charity Oxfam.

Tags: australia target suppliers bangladesh

 
 

BHP Billiton plc Price Target Raised to GBX 2,600 at Nomura

2014-08-13 03:54:31| Industrial Machines - Topix.net

The firm currently has a "buy" rating on the stock. Nomura's target price suggests a potential upside of 27.20% from the company's current price.

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Eli Lilly and Target of Unusually High Options Trading

2014-08-13 02:01:15| Agriculture - Topix.net

Eli Lilly and was the target of some unusual options trading on Tuesday. Stock investors purchased 4,883 call options on the stock, StockRatingsNetwork reports.

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Dean Foods Price Target Increased to $16.00 by Analysts at Bernstein

2014-08-12 19:13:54| Food - Topix.net

Bernstein's target price points to a potential upside of 5.26% from the stock's previous close.

Tags: price increased target dean

 

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