IQT

IQT identifies and partners with companies developing advanced technologies. It evaluates emerging technologies and collaborates with entities that show potential for practical applications. IQT serves industries such as defense, cybersecurity, and telecommunications.

Steve Bowsher

President

Jon Chait

General Partner

Eugene Chiu

Senior Partner

Chris Darby

CEO

Simon Davidson

EVP, IQT Emerge

Michael Falcon

Partner

Katie Gray

Partner

George Hoyem

Managing Partner

Nat Puffer

Managing Director

William Strecker

Executive Vice President and CTO

Matthew Strottman

Executive Vice President and COO

Justin Wilder

Senior Vice President

Past deals in GovTech

Insane Cyber

Venture Round in 2025
Insane Cyber is an industrial cybersecurity company that employs automation to protect critical infrastructure and operations in energy, data centers, government, oil and gas, and other industries.

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.

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.

Grayshift

Venture Round in 2015
Grayshift, LLC, founded in 2016 and based in Atlanta, Georgia, specializes in mobile device digital forensics, focusing on lawful access and extraction for government agencies. The company manufactures GrayKey, a device designed to unlock and extract data from locked and encrypted smartphones, enabling law enforcement and investigative agencies to resolve critical cases efficiently. Grayshift's solutions are tailored to enhance public safety by providing the necessary tools for investigating cyberattacks and digital crimes.

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. Founded in 2004 and based in Portland, Oregon, Tyfone offers a digital transformation platform that enhances the digital banking experience for credit unions and community banks. Its flagship U4ia software facilitates the integration of data from multiple systems into mobile applications, seamlessly connecting with core banking systems and payment solutions. Additionally, Tyfone provides hardware security technologies such as the Connected Smart Card, which ensures tamper resistance and secure storage, along with devices like SideSafe and SideTap that enable secure data storage and connectivity. The company’s solutions support a wide range of platforms and devices, delivering both security and convenience for digital transactions in an increasingly connected world.

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. The company offers a cloud database-as-a-service, known as SingleStore Managed Service, which enables analytics on the cloud of choice. Its flagship product, SingleStore DB, is a distributed SQL database that supports operational analytics on bare metal and hybrid cloud environments. SingleStore specializes in modernizing data platforms, securing government workloads, and facilitating IoT analytics, customer interactions, and risk management. It caters to a diverse range of industries, including financial services, media communications, energy, government, and retail. Founded in 2011 and headquartered in San Francisco, California, the company has additional offices in Seattle, Boston, Portland, Lisbon, and London. Initially known as MemSQL Inc., it rebranded to SingleStore, Inc. in October 2020.

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. specializes in providing security and fraud prevention solutions for businesses across various industries globally. The company’s flagship offering, the TrustDefender Cybercrime Protection Platform, enables real-time assessment of users and devices to identify potential fraudsters and hackers. This platform incorporates context-based authentication methods to mitigate online fraud and safeguard access to critical enterprise applications, while also defending against threats like account takeovers and payment fraud. Additionally, ThreatMetrix offers tailored security solutions, fraud prevention analysis, and forensic analysis services. Its clientele spans sectors such as e-commerce, insurance, healthcare, government, and financial institutions. Founded in 2005 and headquartered in San Jose, California, ThreatMetrix operates as a subsidiary of LexisNexis Risk Solutions Inc., leveraging insights from over 1.4 billion anonymized user identities to make informed authentication and trust decisions on a daily basis.

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. Founded in 2004 and based in Portland, Oregon, Tyfone offers a digital transformation platform that enhances the digital banking experience for credit unions and community banks. Its flagship U4ia software facilitates the integration of data from multiple systems into mobile applications, seamlessly connecting with core banking systems and payment solutions. Additionally, Tyfone provides hardware security technologies such as the Connected Smart Card, which ensures tamper resistance and secure storage, along with devices like SideSafe and SideTap that enable secure data storage and connectivity. The company’s solutions support a wide range of platforms and devices, delivering both security and convenience for digital transactions in an increasingly connected world.

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.

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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