Symantec Ventures

Symantec Ventures is the corporate venture capital arm of Symantec, launched in 2017 under then-CEO Greg Clark and based in Mountain View, California. Its mandate is to back cybersecurity startups and accelerate the delivery of core innovation to the security marketplace, with a focus on cybersecurity and adjacent technology areas including machine learning, advanced analytics and threat research, typically as a strategic co-investor. Distinct from a purely cash-based investor, the venture arm often contributes Symantec's technology assets and proprietary data in exchange for equity, helping startups reduce expenses and accelerate time to market through access to Symantec's Cyber Defense Platform for enterprises and Digital Safety Platform for consumers, along with AI expertise, go-to-market resources and use of its civilian threat-intelligence network. A representative deal was its 2018 backing of CyberCube Analytics, a cyber-insurance risk-modeling startup built on Symantec technology and augmented with an exclusive telemetry data license. Across its activity the firm has made roughly 22 investments in companies such as CyberCube, Vercara, DNS Made Easy, Ambit and Credit Sesame, with its latest tracked investment being Vercara in September 2024; Vercara was subsequently acquired by DigiCert. Symantec's enterprise security business was acquired by Broadcom for $10.7 billion in 2019, and the Symantec brand now operates as a division of Broadcom. By pairing capital with proprietary security technology and data, Symantec Ventures supported the next generation of cybersecurity innovators.