Lookout, a company that offers security data backup services for smartphones, has reached a significant milestone: the startup now has one million users for its security application after only six months in operation. Lookout, which just raised $11 million from Accel, Khosla and others, says the growth in smartphone adoption, mobile app downloads and increased consumer awareness of mobile security threats have helped make the offering a popular and necessary option for users

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Smartphone Security Startup Lookout Tops One Million Users