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Daily Crunch: Lookout Sells Consumer Security Segment For $223M To Become ‘Pure Gaming Enterprise Company’


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Hello friends! It’s Wednesday and we’re running like crazy, so let’s get to work! Wow!

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TechCrunch Top 3

  • You can see it?: Enterprise security company Lookout is selling its consumer cybersecurity business to F-Secure in a $223 million deal that Pablo write “now will evolve [Lookout] in a pure enterprise company” that will focus on the security of mobile terminals and security in the cloud.
  • Hello?: Christmas comes early for iPhone and Windows users: iMessage finally comes to Windows 11 with the global rollout of Phone Link for iOS, reports Sarah.
  • You will definitely notice this car passing: China’s MG Motor debuted what appears to be a green highlighter on wheels in India. But seriously, it’s a nice compact hatchback electric vehicle meant to navigate the tight mobility needs of the country. jag reunion has more.

Startups and VCs

Greycroft, the self-described “seed to growth” venture capital firm, today announced the closing of more than $1 billion in capital commitments through new funds, Kyle reports. The firm’s two flagship vehicles, Greycroft Partners VII and Greycroft Growth IV, closed with more than $980 million, according to co-founder and managing partner Dana Settle, cash that will go toward investing in startups and early- and growth-stage companies. consumer businesses.

In light of the growing popularity of the micromobility industry, the Japanese government has been proactive in relaxing e-scooter regulations to further stimulate this sector. Kate reports. Starting in July, modifications to the country’s Road Traffic Law will allow users of electric scooters to ride without a driver’s license or helmet, as long as they maintain a maximum speed of 20 kilometers per hour. Luup has now amassed a total of $68 million in equity, debt and asset financing to date, to what sources said he valued the firm at more than 100 million dollars.

Let’s take a look at the best of the rest:

Ask Sophie: My STEM OPT is due in 30 days, what are my options?

lone figure at the entrance to the hedge maze that has an American flag in the center

Image Credits: Bryce Durbin/TechCrunch

Dear Sophie,

My STEM OPT is due in a month and my company did not register me for this year’s H-1B lottery.

I’m not sure what options I have now. Aid!

— Sleepless in Silicon Valley

Three more from the TC+ team:

TechCrunch+ is our membership program that helps start-up founders and teams get ahead of the rest. You can sign up here. Use code “DC” to get 15% off an annual subscription!

big tech inc

There must be a lot of cat fans among our readers who also need help finding their cats in the house, because this story really went viral today. Tile launches a new cat tracking tag with a three-year battery life, Ivan reports. Or maybe you’re just impressed by the long battery life. No judgment.

Speaking of fans, there must also be a lot of “Black Mirror” fans excited for the new sixth season which will be released in June. For those of you who haven’t watched this show yet, lauren reports that “every episode of the satirical anthology series comments on society in some way, such as the issues centered around webcam hackers, identity theft, weird robotic dogs, and the toxicity of social media.”

And we have five more for you:




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