Iris Capital invests $20m in US-based mobile security company Lookout.
Iris Capital, a venture capital group which manages mobile phone operator Orange and advertising services Publicis Group’s joint corporate venturing initiative (OP), has made a $20m investment into Lookout, a mobile security company. OP is a €300m ($392m) fund backed by Orange, Publicis and Iris Capital.
Iris Capital specialises in digital economy and has invested more than €900m in more than 200 companies.
Iris makes investments of up to €15m in startups that are strategic for one or both of the companies.…
