Lookout Searched Jim Dolce As CEO With Deep Experience And Capabilities

On Thursday, Jim Dolce, telecommunications industry veteran, is selected as chief executive officer by the mobile security software maker called Lookout. The company said that it wants to hire such CEO who has profound experience in developing and scaling companies and bring huge success to the Lookout. Lookout also mentioned that Dolce has great potential as he created many companies and worked as an executive at two major telecom industry corporations including Juniper Networks Inc and Akamai Technologies Inc.

The firm stated that the firm is enlarging the use of its technology to defend rooted computers in other types of gadgets including home automation systems, vehicles and customer electrical devices, along with its working on expanding its system into the business world as well.

Lookout is one of the world’s major mobile security firms as its equipment defends some 50 million mobile gadgets that run Apple Inc’s iOS system and Google Inc’s Android operating system. Mostly users of tablets and smartphones are customers of this firm. However, it has not disclosed any report on income or productivity.

Dolce also stated that the company has a lot of capabilities and the need of hour is to fix all these things together. He also added that to make out a repeatable and scalable business replica is his first priority. He also commented that first of all they will try to get the business metrics that would permit them to look for many monetary prospects before taking the company public. From 2007 when it is created till to date, about $131 million is earned by the firm and giving tough time to security companies including Intel Corp, Moscow-based Kaspersky Lab, Japan’s Trend Micro Inc and Symantec Corp.

Besides Andreessen Horowitz, Accel Partners, Index Ventures, Greylock Partners, Mithril Capital Management and Khosla Ventures, Qualcomm Inc. and Deutsche Telekom AG are the main shareholders of the San Francisco based company.