EiQ Networks Receives $9,550,000 Series C Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c089c6a8-90ac-4afe-81b0-40101187cddd - Date
1/19/2016 - Company Name
EiQ Networks - Mailing Address
12 Post Office Square Boston, MA 02109 USA - Company Description
EiQ, a pioneer in hybrid SaaS security services, is transforming how mid-market organizations build enterprise-class security programs. Acting as an extension of our customers’ IT teams, EiQ provides continuous security operations based on best-of-breed technology at a fraction of the cost of alternative solutions. EiQ is a trusted advisor to organizations that need to improve their IT security and compliance posture and protect against cyber threats and vulnerabilities. - Website
http://www.eiqnetworks.com - Transaction Type
Venture Equity - Transaction Amount
$9,550,000 - Transaction Round
Series C - Proceeds Purposes
EiQ will use the funds to accelerate new customer acquisition through increased investment in sales and marketing initiatives as well as Hybrid SaaS security services delivery. - M&A Terms
- Venture Investor
Arrowroot Capital - Venture Investor
Investor - Venture Investor
Investor - Venture Investor
Undisclosed
