EclecticIQ, an Amsterdam, The Netherlands-based threat intelligence, hunting and response technology provider, raised €20m ($24m) in Series C financing.
The round, which brings total funding raised to €47m, was led by Ace Management, with participation from Capricorn Digital Growth Fund and Quest for Growth, Invest-NL, Arches Capital and existing investors INKEF Capital, KEEN Venture Partners and KPN ventures. In conjunction with the funding, François Lavaste, Partner at Ace Management will join EclecticIQ’s board of directors.
The company intends to use the funds to expand its portfolio, with new use cases, enabling governments, large enterprises and service providers to manage threat intelligence, create situational awareness and adopt an intelligence-led cybersecurity approach, increase its global presence, extending its commercial teams in Europe and the United States, and establishing a presence in the Middle East, Africa and Asia Pacific, and strengthening its global partner ecosystem.
Led by Joep Gommers, co-founder and chief executive officer, EclecticIQ global threat intelligence, hunting and response technology provider. The company enables large enterprises and service providers to effectively manage threat intelligence, create situational awareness and adopt an intelligence-led cybersecurity approach. The company extended its focus towards hunting and response with the acquisition of Polylogyx’s end-point technology in 2020.
Founded in 2014, EclecticIQ operates globally with offices across Europe, North America, and via certified value-add partners.