IQT

IQT focuses on advancing innovative technology solutions tailored for the intelligence and defense sectors. By fostering the development of cutting-edge tools, IQT aims to enhance the capabilities of these communities in their efforts to ensure national security. The organization plays a crucial role in bridging the gap between emerging technologies and their practical applications within government agencies, ultimately contributing to the safety and protection of the nation.

Eugene Chiu

Senior Partner

Chris Darby

CEO

Simon Davidson

EVP, IQT Emerge

Michael Falcon

Partner

Katie Gray

Partner

Nat Puffer

Managing Director

William Strecker

Executive Vice President and CTO

Matthew Strottman

Executive Vice President and COO

Past deals in GovTech

Insane Cyber

Venture Round in 2025
Insane Cyber is a specialized cybersecurity firm focusing on industrial sectors. It provides a platform that collects and analyzes data from various sources like network traffic, system logs, and user activity to protect critical infrastructure from sophisticated cyber threats. The company's automated analysis, powered by advanced algorithms and machine learning, aids in incident response and recovery. Additionally, Insane Cyber offers managed services to ensure the security of operational technology environments in industries such as energy, data centers, government, and oil and gas.

Enveil

Series B in 2022
Enveil, Inc. is a data security company based in Fulton, Maryland, founded in 2016. It specializes in developing technology solutions that enable enterprises to securely operate on both encrypted and unencrypted data across various environments, including cloud and on-premises. The company's key offerings include the ZeroReveal Compute Fabric, a two-party platform that ensures data security throughout the processing lifecycle, and ZeroReveal Search, which facilitates secure searches on data regardless of location. Additionally, Enveil provides ZeroReveal Machine Learning, allowing organizations to securely derive insights from diverse data sources while maintaining privacy. Its solutions cater to industries such as financial services, healthcare, and government, addressing needs like secure data collaboration, regulatory compliance, and insider threat mitigation. By utilizing advanced cryptographic techniques, Enveil empowers clients to analyze and monetize data assets without exposing sensitive content.

Enveil

Corporate Round in 2017
Enveil, Inc. is a data security company based in Fulton, Maryland, founded in 2016. It specializes in developing technology solutions that enable enterprises to securely operate on both encrypted and unencrypted data across various environments, including cloud and on-premises. The company's key offerings include the ZeroReveal Compute Fabric, a two-party platform that ensures data security throughout the processing lifecycle, and ZeroReveal Search, which facilitates secure searches on data regardless of location. Additionally, Enveil provides ZeroReveal Machine Learning, allowing organizations to securely derive insights from diverse data sources while maintaining privacy. Its solutions cater to industries such as financial services, healthcare, and government, addressing needs like secure data collaboration, regulatory compliance, and insider threat mitigation. By utilizing advanced cryptographic techniques, Enveil empowers clients to analyze and monetize data assets without exposing sensitive content.

BlueLine Grid

Venture Round in 2016
BlueLine Grid, Inc. is a provider of mobile solutions that connects law enforcement, emergency services, security teams, and government agencies across the United States. Founded in 2013 and headquartered in Annapolis, Maryland, the company offers an encrypted suite of tools designed for secure communication and collaboration. These tools include messaging, voice, location services, conferencing, and file-sharing capabilities, tailored to meet the needs of public and private security officials. One of their key offerings is GridTeam, a mobile application that enables users to connect based on area, organization, proximity, or specialty. Additionally, the company provides a Grid bot for Microsoft Skype, allowing users to engage in mass notifications and group conference calls seamlessly. BlueLine Grid aims to enhance communication and operational efficiency for its clients while ensuring privacy and compliance.

Boundless Spatial

Series B in 2015
Boundless Spatial, Inc. is a provider of open-source geographic information system (GIS) software that facilitates the management of spatial data and the creation of maps. The company's offerings include Boundless Server Enterprise, which allows organizations to publish various data and workflows for web, desktop, and mobile applications; Boundless Offline Tile Server, which provides access to global basemaps for field operations without Internet connectivity; Boundless Desktop for desktop map creation and geospatial data management; and Boundless Anywhere, which enables enterprises to collect and distribute location information via handheld devices. Boundless specializes in commercial open-source maintenance, spatial IT infrastructure, geospatial web application workflows, and data management solutions, serving a diverse clientele that includes federal and international governments, defense sectors, local governments, and educational institutions. Founded in 2002 and based in St. Louis, Missouri, Boundless was previously known as OpenGeo Inc. and has a strategic partnership with In-Q-Tel.

Magnet Forensics

Venture Round in 2015
Magnet Forensics, headquartered in Waterloo, Canada, specializes in digital forensics software. The company assists law enforcement and government agencies in investigating cyberattacks and digital crimes by acquiring, analyzing, and reporting evidence from various digital sources, including computers, mobile devices, IoT devices, and cloud services. Their software enables swift resolution of critical investigations, ensuring public safety.

Tyfone

Series C in 2015
Tyfone, Inc. is a technology company that specializes in identity management and secure transaction solutions for various sectors, including financial services, government, healthcare, and commerce, both in the United States and internationally. Founded in 2004 and based in Portland, Oregon, Tyfone develops a digital transformation platform that enhances the banking experience by providing customizable and extensible solutions for mobile devices, browsers, voice assistants, and wearables. Its offerings include U4ia software, which integrates data from multiple systems for mobile applications, and hardware solutions such as the Connected Smart Card, which ensures tamper resistance and secure storage. Additionally, Tyfone's product range features SideSafe and SideTap devices for data storage and Bluetooth-enabled security solutions, facilitating secure digital transactions across various platforms and devices.

BlueLine Grid

Series A in 2015
BlueLine Grid, Inc. is a provider of mobile solutions that connects law enforcement, emergency services, security teams, and government agencies across the United States. Founded in 2013 and headquartered in Annapolis, Maryland, the company offers an encrypted suite of tools designed for secure communication and collaboration. These tools include messaging, voice, location services, conferencing, and file-sharing capabilities, tailored to meet the needs of public and private security officials. One of their key offerings is GridTeam, a mobile application that enables users to connect based on area, organization, proximity, or specialty. Additionally, the company provides a Grid bot for Microsoft Skype, allowing users to engage in mass notifications and group conference calls seamlessly. BlueLine Grid aims to enhance communication and operational efficiency for its clients while ensuring privacy and compliance.

SingleStore

Venture Round in 2014
SingleStore, Inc. is a provider of a relational database designed for cloud and on-premises transactions and analytics, catering to global enterprises. Founded in 2011 and headquartered in San Francisco, California, the company offers the SingleStore Managed Service, a cloud database-as-a-service that enables analytics on various cloud platforms, alongside SingleStore DB, a distributed SQL database suitable for both bare metal and hybrid cloud environments. The company focuses on operational analytics and supports modern data platform solutions that encompass IoT analytics, risk management, and customer engagement. SingleStore serves a diverse range of industries, including financial services, media communications, energy and utilities, government, and retail. The company, previously known as MemSQL Inc., rebranded to SingleStore, Inc. in October 2020 and also maintains offices in Seattle, Boston, Portland, Lisbon, and London.

Socrata

Series B in 2013
Socrata, Inc. specializes in cloud-based software solutions tailored for federal, state, and local government entities, focusing on transforming data into actionable insights. The company offers a suite of services, including Open Data, which facilitates interaction with government data through visualizations and sharing; Open Performance, which aids in performance management; and Perspectives, allowing data owners to visualize and enhance their data. Additionally, Socrata provides tools like CrimeReports for law enforcement, Open Budget for exploring government budgets, Open Expenditures for transparency in spending, and Open Payroll to clarify government personnel expenses. By integrating disparate data systems on its data-as-a-service platform, Socrata enhances government program effectiveness, improves citizen engagement, and promotes accountability. Founded in 2007 and based in Seattle, Washington, Socrata operates as a subsidiary of Tyler Technologies, Inc. and is recognized for adhering to stringent government standards, having earned Federal Risk and Authorization Management Program (FedRAMP) Authority to Operate (ATO).

Boundless Spatial

Series A in 2013
Boundless Spatial, Inc. is a provider of open-source geographic information system (GIS) software that facilitates the management of spatial data and the creation of maps. The company's offerings include Boundless Server Enterprise, which allows organizations to publish various data and workflows for web, desktop, and mobile applications; Boundless Offline Tile Server, which provides access to global basemaps for field operations without Internet connectivity; Boundless Desktop for desktop map creation and geospatial data management; and Boundless Anywhere, which enables enterprises to collect and distribute location information via handheld devices. Boundless specializes in commercial open-source maintenance, spatial IT infrastructure, geospatial web application workflows, and data management solutions, serving a diverse clientele that includes federal and international governments, defense sectors, local governments, and educational institutions. Founded in 2002 and based in St. Louis, Missouri, Boundless was previously known as OpenGeo Inc. and has a strategic partnership with In-Q-Tel.

ThreatMetrix

Series D in 2012
ThreatMetrix Inc. is a provider of context-based business security and fraud prevention solutions, serving various industries globally, including e-commerce, healthcare, and financial services. Founded in 2005 and based in San Jose, California, the company offers the TrustDefender Cybercrime Protection Platform, which conducts real-time assessments of users and devices to identify potential fraudsters and hackers. Its services include context-based authentication for secure access to enterprise applications, protection against account takeovers, payment fraud, and web-based fraud. Additionally, ThreatMetrix provides tailored security solutions, fraud prevention analysis, and forensic services. With insights drawn from 1.4 billion anonymized user identities, the company supports over 100 million daily authentication and trust decisions, helping businesses enhance security while facilitating a seamless digital experience for legitimate customers. As of 2018, ThreatMetrix operates as a subsidiary of LexisNexis Risk Solutions Inc.

Tyfone

Debt Financing in 2012
Tyfone, Inc. is a technology company that specializes in identity management and secure transaction solutions for various sectors, including financial services, government, healthcare, and commerce, both in the United States and internationally. Founded in 2004 and based in Portland, Oregon, Tyfone develops a digital transformation platform that enhances the banking experience by providing customizable and extensible solutions for mobile devices, browsers, voice assistants, and wearables. Its offerings include U4ia software, which integrates data from multiple systems for mobile applications, and hardware solutions such as the Connected Smart Card, which ensures tamper resistance and secure storage. Additionally, Tyfone's product range features SideSafe and SideTap devices for data storage and Bluetooth-enabled security solutions, facilitating secure digital transactions across various platforms and devices.

Signal Innovations Group

Venture Round in 2010
Signal Innovations Group, Inc. specializes in developing decision systems and imaging technologies that cater to government and industry needs in national security, public safety, and commercial surveillance. The company provides a software suite for processing, exploitation, and dissemination of airborne intelligence, surveillance, and reconnaissance data, which is utilized by analysts and warfighters on platforms with size, weight, and power limitations. Additionally, it offers recognition software that combines detection, classification, and identification techniques to analyze various sensor data, including radar, sonar, and imagery from both manned and unmanned vehicles. Signal Innovations Group also delivers hierarchical security assessment algorithms to evaluate risks in different security contexts, along with a suite of multi-source intelligence analysis tools that incorporate natural language processing and network modeling. Moreover, the company develops video analytics software for monitoring activities through various cameras, and mobile video analytics systems for transportation monitoring across law enforcement and commercial sectors. Founded in 2004, the company is headquartered in Durham, North Carolina, with additional operations in Reston, Virginia.

Forterra Systems

Venture Round in 2009
Forterra Systems, based in San Mateo, California, specializes in creating 3D virtual environments designed for meetings, training, events, and collaboration across various sectors, including corporate, government, and healthcare. Their flagship software platform, OLIVE (On-Line Interactive Virtual Environment), allows organizations to deploy realistic and immersive 3D Internet solutions, catering to both small groups and large-scale simulated environments that can accommodate hundreds of users simultaneously. The OLIVE platform offers an experience akin to face-to-face meetings, providing a more engaging alternative to traditional audio and web conferencing, while also reducing travel needs. Notable clients include prominent organizations such as Thomson Reuters, Lockheed Martin, Accenture, and the US Army. Forterra Systems collaborates with industry leaders like IBM and Autodesk to enhance its offerings.

CoreStreet

Venture Round in 2008
CoreStreet specializes in credential validation solutions tailored for government and enterprise applications. The company provides infrastructure products, including software that facilitates the validation of digital certificates through Online Certificate Status Protocol (OCSP). Additionally, CoreStreet offers physical access control solutions, which encompass server software and handheld devices designed to verify government-issued smart cards, passports, and driver's licenses. Their focus on identity management and access control positions them as a key player in ensuring secure and reliable authentication processes.

Decru

Series B in 2002
Decru, Inc. specializes in providing storage security solutions tailored for enterprises and government organizations. Established in 2001 and headquartered in Redwood City, California, the company addresses critical business needs such as privacy, regulatory compliance, intellectual property protection, and internal controls. Decru's DataFort storage security appliances help organizations secure their networked storage environments, safeguarding data from both internal and external threats. Additionally, the company offers a software recovery tool compatible with UNIX and Windows workstations. Decru's solutions find applications in various sectors, including financial services, healthcare, telecommunications, media, semiconductors, aerospace, manufacturing, and government. As of 2005, Decru operates as a subsidiary of NetApp, Inc.
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