Security Firm Leaves Acton for Boston

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The following is a news release:

EiQ Networks, a pioneer in continuous security intelligence, risk and compliance solutions, announced plans to relocate its headquarters to 12 Post Office Square, Boston, MA from its previous location in Acton, MA.The Boston office will be led by CEO Vijay Basani, who co-founded the company and established EiQ as a pioneer in continuous security intelligence.

The new Boston office will support EiQ’s expanding workforce of sales and software professionals as the company continues its strategic growth in the cyber security market and meets customer demand for its continuous security intelligence solutions. Sales for EiQ’s security monitoring SOCVue SaaS service has grown more than 150 percent year-over-year. SOCVue enables round-the-clock proactive security controls auditing, security monitoring and compliance reporting for small and mid-sized enterprises.

As companies strengthen their security practices and allocate more resources to preventing, detecting and resolving data breaches, EiQ is seeking to fill more than 25 new positions in sales, marketing, sales engineering and cyber security engineering. It will host a “meet and greet” event for prospective candidates to meet with EiQ team members on March 12 from 5 p.m. to 8 p.m. at The Warehouse in Boston’s Financial District.

RSVP to Nina Carpenito at ncarpenito@eiqnetworks.com.

“Relocating EiQ’s operations to downtown Boston will enable us to tap Boston’s highly motivated and skilled talent pool of sales, marketing and engineering professionals who will support next stage of our growth,” said Vijay Basani, President and CEO of EiQ Networks. “EiQ is committed to attracting and retaining the best and brightest with highly attractive compensation packages.”

“EiQ’s SOCVue SaaS offering is designed to level the playing field for small and mid-size enterprises, so they can protect their IT infrastructure with the best people, process and technology,” added Mr. Basani. “We are in a unique position to deliver this value to those SMEs while also being able to scale our business to meet market demand.”