COMPANIES

In-Q-Tel grows stake in cyberscurity firm

In-Q-Tel has made a second investment in a company with a promising cybersecurity technology.

The CIA-backed investment arm is part of a group of investors led by Kleiner Perkins that is investing $13.5 million in Phantom, a company that provides a community-powered automation and orchestration platform.

In-Q-Tel, which provides funding to companies with technologies that could benefit the intelligence community, invested in Phantom in April of last year.

So far, the company has raised a total of $23 million in funding that will go toward accelerating growth in sales, marketing and engineering.

The company's products integrate point products and allow customers to automate many of their cybersecurity operations.

About the Author

Mark Hoover is a senior staff writer with Washington Technology. You can contact him at mhoover@washingtontechnology.com, or connect with him on Twitter at @mhooverWT.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • POWER TRAINING: How to engage your customers

    Don't miss our Aug. 2 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman interviews Tom Romeo, the leader of Maximus Federal about how it has zoomed up the 2019 Top 100. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.