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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 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.
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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
12,518 as on Dec 31, 2017
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 $10.7B.
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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
8678037
Grant (prize money)
3194212
8435363
3949504
6974576
2016
5207
Post IPO
4464
9084
1021
Feb 04, 2016
4413131
Post IPO
3196745
2231971
7247628
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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 12,518 employees as of Dec 17. 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, Imperva and Quest Software. 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
77/100
2nd
Logo for Imperva
Imperva
2002, Redwood City (United States), Acquired
Provider of application and data security solutions for threat protection
$54M
77/100
3rd
Logo for Symantec
Symantec
1982, Mountain View (United States), Acquired
Enterprise security solution suite
-
76/100
4th
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
74/100
5th
Logo for Dell Technologies
Dell Technologies
1998, Round Rock (United States), Public
Provider of a suite of cyber security solutions
-
73/100
6th
Logo for Bitdefender
Bitdefender
2001, Bucharest (Romania), Series B
Provider of cybersecurity software, threat intelligence, and managed security services
$7M
73/100
7th
Logo for Barracuda
Barracuda
2002, Campbell (United States), Acquired
Cloud based network firewall solution for enterprise web and email
$176M
73/100
8th
Logo for ZeroFOX
ZeroFOX
2013, Baltimore (United States), Acquired
Provider of digital risk protection, threat intelligence, and attack surface management
$154M
72/100
9th
Logo for Rapid7
Rapid7
2000, Boston (United States), Public
Provider of cybersecurity solutions for exposure management, threat intelligence, and response
$92.3M
71/100
10th
Logo for Huntress
Huntress
2015, Ellicott City (United States), Series D
Provider of managed security platform solutions for threat detection and response
$298M
70/100
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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

lockFilter this list
Media has covered Symantec for 1 event in last 1 year, It was about people movement.
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FAQs about Symantec

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