This week we have learned about two Spanish companies, 4IQ and Red Points, which have received investment rounds led by foreign investors in order to continue their global expansion.
4iQ closes $14M round of funding
4Iq4IQ, a Madrid-based startup, has information leakage monitoring capabilities that help reduce the business risk of credential theft, personal information and sensitive information being exposed. 4IQ's platform, on the other hand, merges data and documents from the internet, social media and the hidden web so that analysts can investigate issues and targets, collaborate on cases and assess risks to people, infrastructure, intellectual property and reputation.
The round aims to accelerate the development of its product and continue its global expansion. "The company's co-founder, Julio Casal, already has experience in growing a cybersecurity company internationally and wants to do it again. Casal was also co-founder of AlinetVault, a Spanish cybersecurity firm that raised funding from Silicon Valley and is now based in the US," says Diego Gutiérrez, an expert in corporate finance.
Although 4iQ is now global, although the entire engineering department is located in Spain, the sales and financial part is in Silicon Valley and already works in more than a hundred countries.
The $14M round was led by Silicon Valley firm Trident Cybersecurity, a venture capital spin-off of the company Trident Capital, one of the world's leading pioneers in cybersecurity ventures since 1998. Trident Cybersecurity invests in start-up companies focused on emerging cybersecurity technologies. The round also saw the participation of Adara Ventures and Telefónica Open Future_.
Redpoints receives €2M round to further globalisation
Red Points is a company that offers a disruptive technological solution for the protection of content and brands on the Internet against piracy and counterfeiting.
Red Points, has just closed a €2M round led by the Luxembourg fund Mangrove Capital Partners. The CEO of Red Points, Laura Urquizu, has stressed that the main objective of the new investment is international expansion. "Red Points is already a leader in the fight against piracy and counterfeiting on the Internet in Spain and to meet the challenge of being the global leader we can't have a better partner than Mangrove".
Although Redpoints is already present in several European countries and is starting its activity in the US.
Spanish companies that are having a go at the US after closing investment rounds
Other posts that may interest you
Study on investment in cybersecurity companies for IoT
Top 7 network security companies that have won the backing of investors
If you are looking for investors or do you want to buy or sell your company, get in touch with us. Abra-Invest has a team of experts in alternative financing at your disposal.