WATERLOO, Ontario--(BUSINESS WIRE)--Magnet Forensics, a global leader in the development of digital forensics software, today announced that it has secured a strategic partnership agreement with, and investment from, In-Q-Tel, Inc. (IQT). IQT is the investment organization that identifies innovative technologies to support the mission of the U.S. Intelligence Community.
“We are driven by our mission to support law enforcement and public safety organizations by providing them the tools they need to uncover the truth,” said Magnet Forensics Founder and CTO, Jad Saliba. “Our strategic partnership with IQT and, in turn, the U.S. Intelligence Community will help us better understand the evolving nature of crime and the digital evidence associated with it so we can continue to innovate and provide the tools required by law enforcement and the national security community.”
Magnet Forensics’ flagship product, Internet Evidence Finder™ (IEF), recovers unstructured data such as social media, chat, and email from computers, smartphones, and tablets, and structures it for analysis and collaboration. IEF has become an indispensable tool for forensic professionals as they investigate cases related to cybercrime, terrorism, child exploitation, and insider threats. It is currently used by 2,700 public safety organizations in 92 countries.
“IEF allows agencies to combat the rise in cyber and traditional crimes that are enabled by new technologies by streamlining investigator workflow, reducing case backlogs and getting to the facts quickly to determine what happened,” said Adam Belsher, CEO of Magnet Forensics.
“Magnet Forensics has shown itself to be an innovator in the development of tools to support recovery of critical digital evidence,” said Simon Davidson, Partner at IQT. “We are proud to partner with Magnet Forensics to expand the capabilities of its existing products for use by IQT partners, and create new tools that help keep communities safe.”
In-Q-Tel is the not-for-profit, strategic investor that works to identify, adapt, and deliver innovative technology solutions to support the missions of the U.S. Intelligence Community. Launched in 1999 as a private, independent organization, IQT’s mission is to identify and partner with companies developing cutting- edge technologies that serve the national security interests of the United States. For more information, visit http://www.iqt.org.
About Magnet Forensics
Magnet Forensics is a global leader in the development of digital forensics software that recovers evidence from computers, smartphones and tablets. The company’s flagship product, INTERNET EVIDENCE FINDER™ (IEF), was created by a former police officer and forensic examiner who recognized the need for a tool to help digital forensics professionals find, analyze and report digital evidence. Since its creation, IEF has quickly become a trusted solution for thousands of customers working in the world’s top law enforcement, government, military and corporate organizations. For more information, please visit: www.magnetforensics.com