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

Katie Gray

Partner

Nat Puffer

Managing Director

William Strecker

Executive Vice President and CTO

Matthew Strottman

Executive Vice President and COO

Past deals in PaaS

Lambda

Series D in 2025
Lambda is a technology company specializing in deep-learning infrastructure. It provides cloud computing services tailored for large-scale artificial intelligence training and inference. The company offers servers and workstations pre-configured with popular machine learning frameworks, allowing clients to simplify and accelerate the development of complex AI models for tasks such as natural language processing and drug discovery. Lambda's product range includes on-premises GPU hardware and cloud-hosted GPUs, empowering AI engineers to construct, test, and deploy AI products efficiently and securely at scale.

Hadean

Series A in 2022
Hadean is a venture-backed startup focused on transforming distributed, spatial, and scalable computing for web 3.0 and the metaverse. The company offers a cloud-distributed computing platform that enables developers to build, run, and scale real-time applications, facilitating petascale computing on extensive datasets. Hadean's technology bridges physical and virtual environments, allowing for unprecedented digital scale and fidelity, which enhances real-world applications. Their solutions support a range of clients, including CAE, Microsoft, Minecraft, the Francis Crick Institute, PixelMax, GamesCoin, and BAE Systems, positioning Hadean as a key player in the development of the metaverse and enterprise applications.

Apigee

Series F in 2013
Apigee is a provider of API technology and services aimed at enterprises and developers. It offers a multi and hybrid-cloud based platform that enables organizations to design, develop, manage, secure, and analyze their application programming interfaces (APIs). This functionality enhances control and visibility over the APIs that link applications and data across various environments. Apigee's solutions are utilized by hundreds of companies, including notable names such as Walgreens, Bechtel, and eBay, as well as tens of thousands of developers, to streamline the delivery and management of APIs and applications. The company is headquartered in Palo Alto, California, with additional offices located in Bangalore, India; London; and Austin, Texas.

Cloudant

Series B in 2013
Cloudant is a provider of distributed database-as-a-service (DBaaS) that enables developers of web and mobile applications to concentrate on product development rather than database management and scaling. Founded in 2008 in Cambridge, Massachusetts, by three MIT physicists, Cloudant emerged from their need for improved tools to handle large data sets from the Large Hadron Collider. The company built a globally scalable, fault-tolerant data layer using Apache CouchDB, catering to the needs of fast-growing applications. Cloudant now manages and serves operational data for thousands of developers and hundreds of customers worldwide, offering robust data tools for loading, storing, analyzing, and distributing application data.

Cloudant

Venture Round in 2012
Cloudant is a provider of distributed database-as-a-service (DBaaS) that enables developers of web and mobile applications to concentrate on product development rather than database management and scaling. Founded in 2008 in Cambridge, Massachusetts, by three MIT physicists, Cloudant emerged from their need for improved tools to handle large data sets from the Large Hadron Collider. The company built a globally scalable, fault-tolerant data layer using Apache CouchDB, catering to the needs of fast-growing applications. Cloudant now manages and serves operational data for thousands of developers and hundreds of customers worldwide, offering robust data tools for loading, storing, analyzing, and distributing application data.
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