VirtualBox error 0x80004005

Have you experienced  this error or an error very similar to this error after upgrading virtual box?

Result Code:

E_FAIL (0x80004005)

Component:

Machine

Interface:

IMachine {480cf695-2d8d-4256-9c7c-cce4184fa048}

VirtualBox error 0x80004005 on Windows

This error was encountered on VirtualBox 4.3.20

The Solution is to either downgrade to an earlier version of VirtualBox or remove you existing anti-virus software and install Microsoft Security Essentials prerelease.

I hope that this post helps to save someone else the frustration that I’ve just endured.