4iQ, the identity-focused intelligence firm, has recently announced that it has secured $30 million in Series C funding. ForgePoint Capital and Benhamou Global Ventures led the financing round. In addition, it saw contributions from Adara Ventures, TheVentureCity, and C5 Capital.
With this, the company’s total investment sums up to $63 million. It is aiming to utilize the capital to develop its scale go-to-market activities. 4iQ is also planning to build its portfolio – be it organically with the help of added investments or inorganically by new acquisitions or business partnerships.
It believes this financing will help its customers address the rising digital security threats risks for their users.