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UNQUOTE
  • Expansion

C5 Capital leads $18m funding round for 4iQ

  • Alessia Argentieri
  • Alessia Argentieri
  • 15 November 2018
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Venture capital firm C5 Capital has led an $18m funding round for Madrid- and Palo Alto-headquartered cyber risk intelligence specialist 4iQ.

Following the deal, C5 Capital will take a seat on the company's board of directors.

US venture capital firm Trident Capital Cybersecurity led a $14m series-A round for 4iQ in 2016, alongside Adara Ventures and Telefónica Open Future through its Fondo Corporativo Telefónica Ventures. As part of the deal, Alberto Yepez, co-founder and managing director at Trident, joined the company's board as chairperson.

Company
Founded in 2016 and headquartered in Madrid, 4iQ specialises in developing a cyber-risk intelligence platform for defence and law enforcement agencies, as well as security services, critical infrastructure companies and corporates. The software provided by 4iQ is able to find stolen or leaked credentials and passwords by analysing websites and documents in 26 different languages across search engines, social media, the dark web and hacker forums in order to alert individuals and organisations if their information is exposed and their identities and assets are at risk. The company is headquartered in Madrid and Palo Alto, US.

People
C5 Capital – Marcos Battisti (managing partner).

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