eIQnetworks Secures $10M First Round

Security software firm eIQnetworks says it has raised $10 million in its first round of institutional financing led by venture capital firm Venrock. The Acton, MA-based company’s software provides large companies and organizations speedy remedies to IT security threats, among other features, and the company plans to use the new capital to boost sales and product development activities.

Author: Ryan McBride

Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News. Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.