Symantec has contributed technology assets, developed in collaboration with leading insurance underwriters, in return for an equity stake. In addition, Symantec provides a long-term, proprietary telemetry data license to augment CyberCube’s risk models. The investment is being managed under the Symantec Ventures portfolio.
CyberCube also has a long-term access to Symantec Cyber Security Services (CSS), Security Technology and Response (STAR) division and Symantec’s Incident Response Services.
Symantec Corporation (NASDAQ: SYMC), the world’s leading cyber security company, helps organizations, governments and people secure their most important data wherever it lives. Organizations across the world look to Symantec for strategic, integrated solutions to defend against sophisticated attacks across endpoints, cloud and infrastructure. Likewise, a global community of more than 50 million people and families rely on Symantec’s Norton suite of products for protection at home and across all of their devices. Symantec operates one of the world’s largest civilian cyber intelligence networks, allowing it to see and protect against the most advanced threats. For additional information about the company’s venture capital arm Symantec Ventures, please visit www.symantec.com/theme/symantec-ventures.