Monday, June 6, 2016

Qadium Raises $20M for Indexing Connected Devices

Qadium, a start-up based in San Francisco, announced $20 million in Series A funding for developing its platform for indexing every device on the public Internet.

Qadium, which was seeded by the Defense Advanced Research Projects Agency (DARPA), seeks to identify relationships between connected devices at scale for corporate and government cybersecurity applications. The company said its platform sends signals throughout the public internet space, interpreting returned data to determine what devices are running where, and building network graphs to understand relationships between those devices.Results are made available to customers in a software product called Expander with associated professional services.


The funding round was led by Scott Sandell, prominent technology investor and managing partner of NEA. Peter Thiel (via Founders Fund) and other previous investors also participated in the Series A.

“Our platform is relevant to every IT transaction,” stated Tim Junio, Qadium’s co-founder and CEO. “Every time a company would otherwise pay a team of consultants to come in with clipboards, or to have a security team dig through voluminous log files, Qadium can provide analytic software.”

http://www.qadium.com

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