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 534 active competitors, including 58 funded and 46 that have exited. Its top competitors include companies like Cisco, Imperva and Quest Software.
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
3rd among 534 active competitors
Employee Count
12,518 as on Dec 31, 2017
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 | $6.6M (As on Dec 31, 2021) | 34 (As on Dec 31, 2021) | |
SYMANTEC HEALTH CARE PRIVATE LIMITED CIN: U85300MH2019PTC333444 , India, Active | Nov 22, 2019 | $153K (As on Mar 31, 2024) | - | |
SYMANTEC SOFTWARE AND SERVICES INDIA PRIVATE LIMITED CIN: U72200TN2007PTC062278 , India, Active | $35.7M (As on Mar 31, 2018) | - |
Symantec's acquisition details
Symantec got acquired by Broadcom on Jun 01, 2019 at an acquisition amount of $10.7B.
Click here to take a look at Symantec's acquisition in detail
Sign up to download Symantec's company profile
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:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 01, 2018 | 8678037 | Grant (prize money) | 3194212 | 8435363 | 3949504 | 6974576 |
2016 | 5207 | Post IPO | 4464 | 9084 | 1021 | |
Feb 04, 2016 | 4413131 | Post IPO | 3196745 | 2231971 | 7247628 |
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 12,518 employees as of Dec 17. Here is Symantec's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Symantec's Competitors and alternates
Top competitors of Symantec include Cisco, Imperva and Quest Software. Here is the list of Top 10 competitors of Symantec, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
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 | 77/100 | |
2nd | Imperva 2002, Redwood City (United States), Acquired | Provider of application and data security solutions for threat protection | $54M | 77/100 | |
3rd | Symantec 1982, Mountain View (United States), Acquired | Enterprise security solution suite | - | 76/100 | |
4th | Quest Software 1987, Aliso Viejo (United States), Acquired | Provider of data management, cybersecurity, and platform modernization solutions for enterprises | $11.5M | 74/100 | |
5th | Dell Technologies 1998, Round Rock (United States), Public | Provider of a suite of cyber security solutions | - | 73/100 | |
6th | Bitdefender 2001, Bucharest (Romania), Series B | Provider of cybersecurity software, threat intelligence, and managed security services | $7M | 73/100 | |
7th | Barracuda 2002, Campbell (United States), Acquired | Cloud based network firewall solution for enterprise web and email | $176M | 73/100 | |
8th | ZeroFOX 2013, Baltimore (United States), Acquired | Provider of digital risk protection, threat intelligence, and attack surface management | $154M | 72/100 | |
9th | Rapid7 2000, Boston (United States), Public | Provider of cybersecurity solutions for exposure management, threat intelligence, and response | $92.3M | 71/100 | |
10th | Huntress 2015, Ellicott City (United States), Series D | Provider of managed security platform solutions for threat detection and response | $298M | 70/100 |
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:
Filter this list
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
Media has covered Symantec for 1 event in last 1 year, It was about people movement.
•
VIP Software Announces Key Leadership Promotions to Drive the Future of Insurance TechnologyPR Newswire•Mar 27, 2025•Symantec
•
Michael Brown Named Partner at Shield CapitalPotomacofficersclub•May 02, 2023•Shield Capital, Symantec
•
SASE tool integrates with Palo Alto Networks, Broadcom to eliminate blind spotsSDxCentral•Apr 24, 2023•NetWitness, Broadcom, Symantec, Netskope and 1 other
•
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
•
•
Ivanti Appoints Michael Coleman to Grow Partner Footprint in ANZACROFAN•Dec 21, 2022•Ivanti, Netskope, Symantec, Microsoft and 2 others
•
Kiwi AI startup Ambit raises NZ$1 million for Australian pushStartup Daily•Aug 30, 2022•Ambit, Quidnet Ventures, NetApp, Symantec and 1 other
•
•
•
Thayers Natural Remedies Brings America’s #1 Brand in Toners to WalmartBusiness Wire•Feb 22, 2022•Thayers, Walmart, Symantec
Are you a Founder ?
FAQs about Symantec
Explore our recently published companies
- Elearningvoices - United Kingdom based, 2017 founded, Unfunded company
- Electricgaterepairlondon - United Kingdom based, 2016 founded, Unfunded company
- Easterndrainageservices - United Kingdom based, Unfunded company
- Eastbudleighshop - United Kingdom based, Unfunded company
- Chrisburnscatering - United Kingdom based, Unfunded company
- Christinedoyle - United Kingdom based, Unfunded company