About Symantec
Symantec is a company based in Mountain View (United States) founded in 1982 by Gary Hendrix was acquired by Broadcom in June 2019. It operates as a SaaS (Software-as-a-Service). The company has 113 employees as of April 03, 2024. Symantec has completed 44 acquisitions, including 4front Security, ATstake and Altiris. Symantec offers products and services including Enterprise Cloud Security. Symantec operates in a competitive market with competitors including Palo Alto Networks, Imperva, Cisco, Fortinet and IBM, among others.
- Headquarter Mountain View, United States
- Employees 113 as on 03 Apr, 2024
- Founders Gary Hendrix
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Symantec Corporation
- Date of Incorporation 12 Sep, 1995
- Jurisdiction Pune City, Maharashtra, India
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Annual Revenue
$42.26 M (USD)3.41as on Mar 31, 2023
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Net Profit
$3.11 M (USD)-53.95as on Mar 31, 2023
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EBITDA
$8.29 M (USD)-13.65as on Mar 31, 2023
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Latest Funding Round
$706.79 K (USD), Grant
Jun 01, 2018
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Investors
Broadcom
& 3 more
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Employee Count
113
as on Apr 03, 2024
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Investments & Acquisitions
4front Security
& 43 more
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Acquired by
Broadcom
(Jun 01, 2019)
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Products & Services of Symantec
Symantec offers a comprehensive portfolio of products and services, including Enterprise Cloud Security. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enterprise cloud security solutions are provided for protection.
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Leadership Team
112 people
Software Development Team
108 people
Sales and Marketing
74 people
Senior Team
32 people
Product Management Team
25 people
Creative and Marketing Team
14 people
Legal and Compliance
13 people
Principal Team
12 people
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Funding Insights of Symantec
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $706,791
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Grant - Symantec | Valuation |
investors |
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| Jun, 2016 | Amount | Post-IPO - Symantec | Valuation |
investors |
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| Feb, 2016 | Amount | Post-IPO - Symantec | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Symantec
Symantec has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Broadcom, Bain Capital Private Equity and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private investment firm managing assets and expanding into equity, credit, and real estate services.
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Founded Year | Domain | Location | |
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Technology investing and private equity firm focused on partnerships.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Symantec
Symantec has strategically engaged in corporate development activities, having acquired 44 companies. Notable acquisitions include 4front Security, ATstake and Altiris. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Secure application access is enabled through software-defined perimeter principles.
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2017 | ||||
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Endpoint security solutions provider
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2014 | ||||
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SDN-based cyber security platforms for deception and defense are developed.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Symantec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Symantec Comparisons
Competitors of Symantec
Symantec operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Palo Alto Networks, Imperva, Cisco, Fortinet and IBM, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI and cloud-based platforms are utilized for cybersecurity solutions.
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| domain | founded_year | HQ Location |
Cloud-based cybersecurity solutions are provided for enterprise protection.
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| domain | founded_year | HQ Location |
AI and saas based cloud security solutions
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| domain | founded_year | HQ Location |
Cloud security posture management solutions are provided by the platform.
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| domain | founded_year | HQ Location |
Hybrid cloud and DevOps automation are delivered to enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Symantec
Frequently Asked Questions about Symantec
When was Symantec founded?
Symantec was founded in 1982 and raised its 1st funding round 18 years after it was founded.
Where is Symantec located?
Symantec is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Who is the current CEO of Symantec?
Hock E Tan is the current CEO of Symantec.
How many employees does Symantec have?
As of Apr 03, 2024, the latest employee count at Symantec is 113.
What is the annual revenue of Symantec?
Annual revenue of Symantec is $42.26M as on Mar 31, 2023.
What does Symantec do?
Symantec Corporation is engaged in delivering cybersecurity solutions for enterprises. Focus is placed on cloud security, protecting businesses from digital threats. Services are offered across various sectors, ensuring data safety and compliance. Innovative tools and technologies are utilized to safeguard critical infrastructure.
Who are the top competitors of Symantec?
Symantec's top competitors include Fortinet, Palo Alto Networks and Imperva.
What products or services does Symantec offer?
Symantec offers Enterprise Cloud Security.
How many acquisitions has Symantec made?
Symantec has made 44 acquisitions, including 4front Security, ATstake, and Altiris.
Who are Symantec's investors?
Symantec has 4 investors. Key investors include Broadcom, Bain Capital Private Equity, European Union, and Silver Lake.
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