The Venture Codex Logo

The Venture Codex

EclecticIQ

Leidsegracht 105, Amsterdam, Noord-Holland, 1017 ND, The Netherlands

Overview

EclecticIQ builds an analyst-centric, open and extendable cybersecurity platform that combines threat intelligence automation and collaboration with forensic endpoint visibility and threat detection and response. Founded in 2014 by Joep Gommers and Raymon van der Velde, the company helps governments, large enterprises, and service providers manage threat intelligence and create situational awareness. It extended into hunting and response after acquiring Polylogyx's endpoint technology in 2020. The company operates worldwide with teams and offices in Europe, the UK, North America and India and works through value-added partners. EclecticIQ plans to use recent financing to accelerate R&D, further develop its platform, and expand into new countries and sectors through sales and marketing investment. The articles position the firm as a scale-up addressing a rising global cyber threat landscape. EclecticIQ develops threat intelligence, hunting and response technology that helps large enterprises, service providers and governments manage threat intelligence and create situational awareness. The company extended its capabilities into hunting and response with the 2020 acquisition of Polylogyx’s endpoint technology. EclecticIQ intends to use new funding to expand its product portfolio with additional use cases and to promote an intelligence-led cybersecurity approach. Management plans to increase its global presence by extending commercial teams in Europe and the United States and establishing operations in the Middle East, Africa and Asia Pacific. The company also aims to strengthen its global partner ecosystem. Founded in 2014, EclecticIQ operates globally with offices across Europe, North America and via certified value-add partners. EclecticIQ offers an analyst-centric suite of cyber threat intelligence products, including the EclecticIQ Platform (based on STIX/TAXII) and the EclecticIQ Fusion Center for acquiring thematic intelligence bundles. The company targets security professionals in threat intelligence, threat hunting, SOC, and incident response roles. It employs a team of about 60 across offices in Amsterdam, London, and Herndon (Virginia, USA). EclecticIQ intends to use its latest funding to accelerate workforce expansion and to broaden its portfolio of technologies and Fusion Center capabilities. Financially, the company has raised more than €20m to date following its latest round. Founded in 2014 by Joep Gommers and Raymon van der Velde, EclecticIQ continues to expand its product and service offerings for enterprise security operations. EclecticIQ provides a Threat Intelligence Platform (TIP) that enables operationalization of security information exchange, empowers collaborative analyst workflow and integrates cyber threat intelligence for detection, prevention and response. Led by CEO and founder Joep Gommers, the company mainly serves financial institutions and government agencies. It is based in Amsterdam and also maintains offices in London and Chișinău, Moldova. EclecticIQ secured a €5.5m Series A and has raised €6.5m in total (approx. $7.3m). The company said it will use the new funds to expand across sectors and geographies. No other operating metrics were disclosed in the article.

Total raised
$50M
Funding rounds
4
Latest round
Equity
Latest activity
Mar 2024

Industries

  • Artificial Intelligence (AI)
  • Cyber Security
  • Fraud Detection
  • Risk Management
  • Security
  • Software
Visit website

Recent funding

  1. Equity

    Mar 2024

    $3M

  2. Series C

    Dec 2020

    $24M

  3. Series B

    Nov 2017

    $16M

  4. Series A

    May 2016

    $6M

Team

  • Joep Gommers

    CEO and Co-Founder

    LinkedIn
  • Cody Barrow

    Chief Executive Officer

    LinkedIn
  • Raymon van der Velde

    VP Product & Co-Founder

    LinkedIn
  • Sridhar Jayanthi

    Senion VP of Endpoint

    LinkedIn