EiQ Networks

EiQ Networks, Inc.
Private
Industry Technology, Information Security
Founded 2001
Headquarters Boston, Massachusetts, United States
Key people
 Vijay Basani, President/CEO
Website www.eiqnetworks.com

EiQ Networks, Inc. is a Boston-based security software-as-a-service (SaaS) company focused on information security and compliance objectives.[1] EiQ Networks’ origins are in analysis of log files across web servers, file servers, firewalls and other network devices,[2] but moved into the security information and event management (SIEM) market.[3]

Company

EiQ Networks, Inc. was founded in 2001. EiQ Networks’ global headquarters are in Boston, Massachusetts, with additional in Hyderabad, India. EiQ Networks is a closely held private company. The company completed its first institutional round raising $10 million in January 2009 led by Venrock.[4] The company received an additional $2 million in September 2010[5] and also raised $750,000 in debt financing in June 2012.[6] Santa Monica-based Arrowroot Capital invested into EiQ Networks in 2014, and the Company has since experienced substantially higher growth rates driven by the ramp-up in the company's inside sales organization. [7] EiQ Networks was co-founded by Vijay Basani and Jay Reddy. Prior to founding EiQ Networks, Basani and Reddy co-founded WebManage Technologies, which was acquired by NetApp in 2000.[8]

See also

References

  1. ↑ Claffey, Jason (2015-02-24). "Security Firm Leaves Acton for Boston". Patch. Retrieved 2015-04-09.
  2. ↑ Butler, Brandon (2015-03-16). "New products of the week". Network World. Retrieved 2015-04-09.
  3. ↑ Stephenson, Peter (2014-04-01). "Product Information". SC Magazine. Retrieved 2015-04-09.
  4. ↑ "eIQnetworks Raises $10 Million". Private Equity Hub. 2009-01-20. Retrieved 2015-04-09.
  5. ↑ "eIQnetworks Lands $2,000,000 New Funding". Xconomy. 2010-09-03. Retrieved 2015-04-09.
  6. ↑ Resende, Patricia (2012-06-15). "eIQnetworks secures $750K debt fundraise". Boston Business Journal. Retrieved 2015-04-19.
  7. ↑ Resende, Patricia (2016-01-16). "EiQ Networks Raises $9.55 Million In Series C Growth Capital Led By Arrowroot Capital". EiQ Networks. Retrieved 2015-04-19.
  8. ↑ Alvear, Jose (2000-09-05). "Network Appliance Buys WebManage for $75 Million". Streaming Media. Retrieved 2015-04-09.

External links

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