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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.
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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
Investors
Ranked
Employee Count
12,861 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Broadcom (Jun 01, 2019)

Symantec's acquisition details

Symantec got acquired by Broadcom on Jun 01, 2019 at an acquisition amount of $*****.
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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:lockFilter this list
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
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Symantec's founders and board of directors

Founder? Claim Profile
The founders of Symantec is ‎Gary Hendrix.
Here are the details of Symantec's key team 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:
Employee count trend for Symantec
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Cisco
Cisco
1984, San Jose (United States), Public
Provider of AI infrastructure, secure networking, and software solutions
$2.5M
83/100
2nd
Logo for Rapid7
Rapid7
2000, Boston (United States), Public
Provider of cybersecurity solutions for exposure management, threat intelligence, and response
$92.3M
77/100
3rd
Logo for Imperva
Imperva
2002, Redwood City (United States), Acquired
Provider of application and data security solutions for threat protection
$54M
77/100
4th
Logo for ZeroFOX
ZeroFOX
2013, Baltimore (United States), Acquired
Provider of digital risk protection, threat intelligence, and attack surface management
$154M
73/100
5th
Logo for Bitdefender
Bitdefender
2001, Bucharest (Romania), Series B
Provider of cybersecurity software, threat intelligence, and managed security services
$7M
73/100
6th
Logo for Barracuda
Barracuda
2003, Campbell (United States), Acquired
Cloud based network firewall solution for enterprise web and email
$176M
72/100
7th
Logo for Coro Cybersecurity
Coro Cybersecurity
2014, Chicago (United States), Series D
Threat detection and prevention solution over wifi and cellular networks
$275M
72/100
8th
Logo for Huntress
Huntress
2015, Ellicott City (United States), Series D
Provider of managed security platform solutions for threat detection and response
$298M
71/100
9th
Logo for Quest Software
Quest Software
1987, Aliso Viejo (United States), Acquired
Provider of data management, cybersecurity, and platform modernization solutions for enterprises
$11.5M
71/100
10th
Logo for Dell Technologies
Dell Technologies
1998, Round Rock (United States), Funding Raised
Provider of a suite of cyber security solutions
-
70/100
14th
Logo for Symantec
Symantec
1982, Mountain View (United States), Acquired
Enterprise security solution suite
-
68/100
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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:lockFilter 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)
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Reports related to Symantec

Here is the latest report on Symantec's sector:

News related to Symantec

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