EiQ Networks Receives $9,550,000 Series C Financing

  • Feed Type
  • 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

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