So Good, Swedish Customer Buys Stake in Norwegian IQ Global

Norwegian-based cybersecurity company IQ Global AS must be good. This week they announced one of their long-term customers, the Swedish Internet Foundation, operator of the Swedish ccTLD .se, has bought a stake in the company, believed to be around 20%.

iQ is trusted by some of the world’s leading registries, registrars, hosting companies and SaaS platforms to provide solutions to efficiently mitigate malicious behaviour on the Internet. Their extensive repository of Threat Intelligence includes indications of malware, phishing, botnets and spam as well as hacked and fraudulent websites.

Internet-related crime, including DNS abuse, is on the rise and affects individuals, private and public companies alike. iQ monitors over half the internet, more than 200 million domain names daily, and has over a century of combined experience in the domain name industry.

“I am thrilled that the Swedish Internet Foundation has chosen to show their trust in us,” said Michael B. Halvorsen, CEO, IQ Global AS in a statement. “They have supported us by being a customer since the beginning, and with this investment, they emphasise their confidence in the work we are doing. This enables us to accelerate the development of our services and the expansion to new markets.”

“The Swedish Internet Foundation works for an open Internet and we protect freedom of speech,” said Carl Piva, CEO of the Swedish Internet Foundation since April 2021.

“At the same time it is important that there are effective tools to counter Internet-related crime. The investment in IQ Global AS is one of the ways we contribute to that work.”

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