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Lindzon Gets Exit At Lifelock

socalTECH

LifeLock has its IPO this morning, pricing at $9 per share and giving it a valuation of around $900M. Tempe, Arizona-based LifeLock priced below its initial estimated IPO range of $9.50 Tempe, Arizona-based LifeLock priced below its initial estimated IPO range of $9.50 and $11.50 per share last night, and debuted at $8.38

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Getting To The Next Level In Cloud Storage, With IDrive

socalTECH

There''s Carbonite, Mozy, Symantec Online Backup, just to name a few. Number two, is our pricing. We recently launched Idrive Sync, which performs better than Dropbox, and is very competitive in pricing. We also have a sister service, providing backup to small and medium sized businesses, which we actually started in 2000.

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Is the Future of Cybersecurity in M&A?

Xconomy

Last month Symantec announced its plans to buy Blue Coat for $4.7 The bigger public players – Cisco, Check Point, HP, IBM, Symantec, and others – need to continually add to their arsenal of security solutions as the threat landscape continues to evolve. Symantec Forces the Industry to Stay Competitive. Why is this happening?

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IPO Scorecard: CrowdStrike Gains 70 Percent on First Trading Day

Xconomy

Sunnyvale, CA-based CrowdStrike (NASDAQ: CRWD ) priced 18 million shares of common stock at $34 on Tuesday. Wednesday, and reached a near-doubling of the company’s IPO price before settling down to close at $58 for a first-day bump of more than 70 percent. Trading began at $63.50

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$100M Round Turns San Diego’s Seismic into Region’s Newest Unicorn

Xconomy

Seismic, an enterprise software company with ambitious growth plans, has raised $100 million in a Series E financing and added Microsoft chairman John W. Thompson to its board of directors.