Security News > 2020 > October > Identity-Focused Intelligence Firm 4iQ Raises $30 Million
Identity-focused intelligence company 4iQ on Tuesday announced that it has raised $30 million in a Series C funding round led by ForgePoint Capital and Benhamou Global Ventures.
4iQ told SecurityWeek that it will use the money to scale go-to-market activities and look at opportunities to build out its portfolio, either organically, through added investments, or inorganically, through partnerships and/or acquisitions.
Ambwani previously served as CEO of data cataloging solutions provider Waterline Data, and president and CEO of Actiance, a provider of security, compliance, eDiscovery and archiving solutions.
He replaces Alberto Yepez, who until now has acted as interim CEO. 4iQ provides intelligence designed to help organizations measure, monitor and manage digital risk.
The company says its customers include financial and healthcare organizations, government agencies, cryptocurrency exchanges, security and fraud solutions providers, cyber insurers, and identity protection providers.