Lookout, the leader in mobile security, will open its new 16,000 square foot Technology Development Center in Boston, Massachusetts’ Financial District, with plans to hire up to 50 people in engineering, sales and marketing over the next 12 to 18 months.

"We're thrilled to announce that Lookout will be opening its newest office in Boston," said Jim Dolce, Lookout CEO and a Boston native himself. "This dynamic city, centrally located in the Northeast, is an ideal location to attract talented employees and connect with sales prospects in the financial services and healthcare industries."

According to company officials “This expansion to Boston comes on the heels of last week's news that the company completed a $150 million round of financing. Building on its base of more than 50 million users and key strategic relationships with leading mobile operators, the company will use these new funds to extend its reach to large enterprises through new product development and expanded go-to-market efforts. This includes assembling the engineering, sales and marketing talent needed to meet these goals.”

"The academic roots of our city help attract the best and the brightest and I am committed to creating an environment where these innovative minds can thrive well after graduation," said Mayor Martin J. Walsh. "The fact that companies like Lookout are setting up shop here is a testament to the success of our efforts to make Boston a truly attractive place for young technology companies to prosper. With that, I welcome Lookout to Boston."

The Boston office is Lookout's fourth office worldwide, joining London, Tokyo and its headquarters in San Francisco. The mobile security company currently has more than 250 employees.