Website www.eiqnetworks.com Founded 2001 | Headquarters Boston Type of business Private | |
Industry Technology, Information Security Key people Vijay Basani, President/CEO | ||
EiQ Networks, Inc. is a Boston-based security software-as-a-service (SaaS) company focused on information security and compliance objectives. EiQ Networks’ origins are in analysis of log files across web servers, file servers, firewalls and other network devices, but moved into the security information and event management (SIEM) market.
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. The company received an additional $2 million in September 2010 and also raised $750,000 in debt financing in June 2012. 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. 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.