San Francisco, California-based cyber security and actionable insights startup Qadium has raised $40 million in Series B funding. The investment was led by IVP with TPG Growth. Existing investors New Enterprise Associates (NEA), Founders Fund, Susa Ventures also participated in the round.

Qadium was established in 2012; the co-founders having met when they were working at DARPA. The company’s platform monitors the Internet, collecting information on all public Internet-connected devices.

Qadium had previously raised $20 million in a Series A round led by NEA in 2016.

[Image courtesy: Qadium]