4iQ, a company that provides adversary intelligence that helps organizations measure, monitor and manage digital risk has announced that it has raised $30 million in Series C funding led by ForgePoint Capital and Benhamou Global Ventures, with participation by C5 Capital, Adara Ventures and the addition of TheVentureCity.
Also, 4iQ has announced that it has appointed Kailash Ambwani as its new Chief Executive Officer. With Ambwani at the helm, 4iQ will ramp investments in go-to-market activities and accelerate innovation to help customers better anticipate and respond to emerging digital risks.
“As our lives become increasingly digital, the need for cyber intelligence becomes even more critical,” said Alberto Yepez, 4iQ Board chair and co-founder and managing director of ForgePoint Capital. “4iQ enables enterprises to understand their digital risk and exposure – and to take a more proactive approach to identifying threat actors. Under Kailash’s strategic guidance, 4iQ is well-positioned to become a leader in the Digital Risk Protection market.”
Prior to this role, Ambwani served as CEO of Waterline Data, a global leader in data cataloging solutions and applications. Prior to that, Ambwani was President and CEO of Actiance, a leading provider of compliance, security, archiving and eDiscovery for all critical business communications.
“4iQ is at the forefront of understanding modern digital risk and I’m elated to lead the company toward its vision to help every company operationalize that understanding, stop fraud and crime, and make people safer,” said Ambwani. “It’s no longer enough to keep your own house in order. Exposed credentials continue to proliferate in underground communities, especially in the wake of COVID-19, and so, now more than ever, we must empower investigators to uncover the real identities behind criminal activities and thwart future attacks.”
Founded in 2016, with offices in North America and Europe, 4iQ is an adversary intelligence company on a mission to empower intel analysts, security researchers, and criminal investigators with capabilities to discover, uncover, and disrupt adversaries.
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