Symantec - About the company
Symantec is an acquired company based in Mountain View (United States), founded in 1982 by Gary Hendrix. It operates as an Enterprise security solution suite. Symantec has raised an undisclosed amount in funding. The company has 550 active competitors, including 56 funded and 45 that have exited. Its top competitors include companies like Cisco, Rapid7 and Imperva.
Company Details
Symantec provides cybersecurity solutions for the enterprise. The product portfolio comprises of threat protection, information protection, website security, APT protection, email security, endpoint security & management, threat intelligence, BYOD security, embedded security and managed security services. Advanced Threat Protection detects, prioritizes, and remediates advanced attacks, across endpoints, networks, and email from a single console. In August 2015, Symantec agreed to sell Veritas to a private equity group led by The Carlyle Group for $8B. In 2018, the company recorded annual revenues of $4.8B, and a net loss of $-38M.
- Registered Address
- 150 MINORIES C/O WORLDWIDE CORPORATE ADVISORS LLP,150 MINORIES,LONDON,ENGLAND,EC3N 1LS
Key Metrics
Founded Year
1982
Location
Mountain View, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
14th among 550 active competitors
Employee Count
12,861 as on May 31, 2026
Exit Details
Acquired by Broadcom (Jun 01, 2019)
Legal entities associated with Symantec
Symantec is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DIGICERT UK LIMITED CIN: 10912633 , United Kingdom, Active | Aug 10, 2017 | £1M - £10M (As on Dec 31, 2021) | 34 (As on Dec 31, 2021) | |
SYMANTEC HEALTH CARE PRIVATE LIMITED CIN: U85300MH2019PTC333444 , India, Active | Nov 22, 2019 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
SYMANTEC SOFTWARE AND SERVICES INDIA PRIVATE LIMITED CIN: U72200TN2007PTC062278 , India, Active | ₹100 - ₹500 Cr (As on Mar 31, 2018) | - |
Symantec's acquisition details
Click here to take a look at Symantec's acquisition in detail
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Symantec's funding and investors
Symantec has raised funding over 5 rounds. Its first funding round was on 2000. Its latest funding round was a Grant (prize money) round on Jun 01, 2018 for $*****. 1 investor participated in its latest round. Symantec has 6 institutional investors.
Here is the list of recent funding rounds of Symantec:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 01, 2018 | 9706548 | Grant (prize money) | 7919672 | 6639153 | 2598171 | 5970510 |
2016 | 2662 | Post IPO | 7909 | 9744 | 8455 | |
Feb 04, 2016 | 9126533 | Post IPO | 4329519 | 5708079 | 5826353 |
View details of Symantec's funding rounds and investors
Symantec's founders and board of directors
Founder? Claim ProfileThe founders of Symantec is Gary Hendrix.
Here are the details of Symantec's key team members:
- Gary Hendrix: Founder of Symantec.
View details of Symantec's Founder profiles and Board Members
Symantec's employee count trend
Symantec has 12,861 employees as of May 26. Here is Symantec's employee count trend over the years:
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Symantec's Competitors and alternates
Top competitors of Symantec include Cisco, Rapid7 and Imperva. Here is the list of Top 10 competitors of Symantec, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cisco 1984, San Jose (United States), Public | Provider of AI infrastructure, secure networking, and software solutions | $2.5M | 83/100 | |
2nd | Rapid7 2000, Boston (United States), Public | Provider of cybersecurity solutions for exposure management, threat intelligence, and response | $92.3M | 77/100 | |
3rd | Imperva 2002, Redwood City (United States), Acquired | Provider of application and data security solutions for threat protection | $54M | 77/100 | |
4th | ZeroFOX 2013, Baltimore (United States), Acquired | Provider of digital risk protection, threat intelligence, and attack surface management | $154M | 73/100 | |
5th | Bitdefender 2001, Bucharest (Romania), Series B | Provider of cybersecurity software, threat intelligence, and managed security services | $7M | 73/100 | |
6th | Barracuda 2003, Campbell (United States), Acquired | Cloud based network firewall solution for enterprise web and email | $176M | 72/100 | |
7th | Coro Cybersecurity 2014, Chicago (United States), Series D | Threat detection and prevention solution over wifi and cellular networks | $275M | 72/100 | |
8th | Huntress 2015, Ellicott City (United States), Series D | Provider of managed security platform solutions for threat detection and response | $298M | 71/100 | |
9th | Quest Software 1987, Aliso Viejo (United States), Acquired | Provider of data management, cybersecurity, and platform modernization solutions for enterprises | $11.5M | 71/100 | |
10th | Dell Technologies 1998, Round Rock (United States), Funding Raised | Provider of a suite of cyber security solutions | - | 70/100 | |
14th | Symantec 1982, Mountain View (United States), Acquired | Enterprise security solution suite | - | 68/100 |
Looking for more details on Symantec's competitors? Click here to see the top ones
Symantec's Investments and acquisitions
Symantec has made 22 investments in companies including Ambit and Credit Sesame. Symantec has also acquired 49 companies including Luminate Security and Appthority.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Aug 30, 2022 | Investments | 2016 | Auckland (New Zealand) | |
Aug 30, 2019 | Investments | 2010 | Mountain View (United States) | |
Aug 30, 2019 | Investments | 2010 | Mountain View (United States) |
See all investments and acquisitions by Symantec
Reports related to Symantec
Here is the latest report on Symantec's sector:
News related to Symantec
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VIP Software Announces Key Leadership Promotions to Drive the Future of Insurance TechnologyPR Newswire•Mar 27, 2025•Symantec
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Michael Brown Named Partner at Shield CapitalPotomacofficersclub•May 02, 2023•Shield Capital, Symantec
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SASE tool integrates with Palo Alto Networks, Broadcom to eliminate blind spotsSDxCentral•Apr 24, 2023•NetWitness, Broadcom, Symantec, Netskope and 1 other
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Island Adds Respected Industry Veteran Richard Greene to its Executive Roster to Drive Growth Through Strategic PartnershipsBusiness Wire•Jan 31, 2023•Island, Interos, Blue Lava, Symantec and 3 others
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Ivanti Appoints Michael Coleman to Grow Partner Footprint in ANZACROFAN•Dec 21, 2022•Ivanti, Netskope, Symantec, Microsoft and 2 others
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Kiwi AI startup Ambit raises NZ$1 million for Australian pushStartup Daily•Aug 30, 2022•Ambit, Quidnet Ventures, NetApp, Symantec and 1 other
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Thayers Natural Remedies Brings America’s #1 Brand in Toners to WalmartBusiness Wire•Feb 22, 2022•Thayers, Walmart, Symantec
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