eIQnetworks Garners $10,000,000 New Funding

  • Feed Type
  • Date
    1/21/2009
  • Company Name
    eIQnetworks
  • Mailing Address
    31 Nagog Park Acton, MA 01720
  • Company Description
    Company Overview
    Founded in 2001, eIQnetworks, Inc. is an industry-leading provider of integrated security, risk and audit management solutions that effectively meet security and compliance challenges. By combining enterprise security management (ESM) with IT governance, risk and compliance (GRC) onto a single platform, eIQnetworks enables Global 2000 enterprises, government agencies and managed security service providers (MSSPs) to drive efficiency and reduce complexity by proactively detecting security breaches, speeding remediation and managing evolving best practices and regulations.
  • Website
    http://www.eiqnetworks.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    eIQnetworks will use the funding to rapidly expand its marketing, sales and product development efforts.
  • M&A Terms
  • Venture Investor
    Venrock
  • Venture Investor
    Undisclosed