Symantec Ventures will focus on opportunities in the cybersecurity sector, building on the investment in Appthority that the corporate conducted through subsidiary Blue Coat.
US-based cybersecurity company Symantec yesterday launched a corporate venturing subsidiary dubbed Symantec Ventures that will target opportunities in the cybersecurity sector.
The unit will provide funding but will also assist startups reduce expenses and accelerate their time to market. Symantec has not disclosed how much capital it is allocating to the division.
Startups will gain access to Symantec’s next-generation technology assets, expertise in artificial intelligence, go-to-market resources and the corporate’s threat intelligence network.
The decision follows the corporate’s investment in…
