Venture Capital

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Symantec Ventures

Symantec Ventures is the venture arm of Symantec, backing cybersecurity startups to accelerate innovation in the security marketplace. It provides capital,...

Symantec Ventures

Symantec Ventures is the venture arm of Symantec, backing cybersecurity startups to accelerate innovation in the security marketplace. It provides capital, access to technology assets such as the Cyber Defense Platform and Digital Safety Platform, and expertise in artificial intelligence and go-to-market resources. Symantec Ventures has made 2 investments and 1 portfolio exit.

General information

Firm type

Venture Capital

Location

Region

North America

Country

United States

City

Reston

Corporate office

Reston, VA, United States

Additional offices

Boston, MA, United States · Palo Alto, CA, United States

Principals

Sean Cunningham

Managing Director

John G. W. (Jack) Sinclair

Managing Director

Sector focus

CybersecurityEnterprise SoftwareAI/MLCloud SecurityData Security

Frequently asked questions

Who runs investment decisions at Symantec Ventures?

Managing Directors Sean Cunningham and Jack Sinclair lead the investment team, based out of Reston, Virginia. The firm operates as a corporate VC within Broadcom's structure, so final investment decisions are subject to strategic alignment with the parent company's security roadmap (per the firm's official communications).

Is Symantec Ventures structured as a corporate venture capital arm or an independent fund?

It is a corporate venture capital arm, established by Symantec Corporation and now operating under Broadcom. Unlike a typical VC firm, it does not raise external capital from limited partners — the investment budget is allocated by the parent corporation based on strategic priorities.

What investment stages does Symantec Ventures typically target?

The firm focuses on early-stage investments, primarily Series A and B rounds, in cybersecurity and enterprise software companies. It has also participated in growth-stage rounds for strategic targets, but its core mandate is identifying nascent technologies that could integrate with Symantec's product ecosystem.

How does Symantec Ventures source proprietary deal flow?

The firm draws on relationships within Broadcom's technology stack, attending security conferences, and scanning university spinouts. Its access to Symantec's distribution network and customer base gives it visibility into emerging problems that startup founders are building solutions for — a form of demand-driven sourcing.

Does Symantec Ventures participate in fund commitments or only direct deals?

The firm makes direct equity investments in companies, not fund-of-funds commitments. It does not operate a separate fund vehicle — investments are made from the corporate balance sheet. This model means it does not seek external LP capital.

Which sectors does Symantec Ventures explicitly avoid?

The firm restricts itself to cybersecurity and software that enhances enterprise security posture. It does not invest in consumer-facing companies, financial services, or industries outside of its technology vertical. This focus is a direct result of its corporate mandate to support Symantec's strategy.

What is the relationship between Symantec Ventures and Broadcom?

After Broadcom acquired Symantec's enterprise security business in 2019, Symantec Ventures became part of Broadcom's corporate development structure. The venture arm continues to operate under the Symantec brand but reports into Broadcom's technology strategy division, and its portfolio investments are now part of Broadcom's broader ecosystem.

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