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4iQ raises $18 million

By TechTaffy Desk

Identity intelligence company 4iQ has closed $18 million in a Series B funding round. The investment was led by C5 Capital, and with participation by ForgePoint Capital, Adara Ventures, and Benhamou Global Ventures. The investment will be used to accelerate product innovation and customer acquisition, the company said in a statement.

André Pienaar, managing partner of C5 Capital, and Anik Bose, General Partner of BGV, will join the 4iQ board.

4iQ collects exposed identity information found in open sources on the surface, social, deep, and dark web, continuosly, says the company. More than 14 billion records found to date are curated into its collection of compromised identities – the 4iQ IDLake – in order to protect consumers from identity theft and investigate fraud, financial crimes and other threats, according to the company website.

[Image courtesy: 4iQ]

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