Comments on: eIQnetworks grows 60%+ in past year http://blog.eiqnetworks.com/2009/07/01/eiqnetworks-grows-60-in-past-year/ Perspectives on Security and Compliance Management from eIQnetworks Thu, 29 Oct 2009 15:57:47 +0000 hourly 1 http://wordpress.com/ By: jlinkous http://blog.eiqnetworks.com/2009/07/01/eiqnetworks-grows-60-in-past-year/#comment-124 jlinkous Tue, 14 Jul 2009 14:25:59 +0000 http://blog.eiqnetworks.com/?p=217#comment-124 While I appreciate the troll... Being a private company is not the same thing as having "no independent validation" of financial results. Like many other private companies, eIQ maintains an indepedent auditor. And of course, concerns of "not being taken seriously" were significantly offset by the $10m in funding eIQ closed from Venrock earlier this year. Also, I'm a bit confused: you state "tech firms are not showing any growth at all...", but in your reply to the "SIEM Still Struggles" post, you state, "arcsight and q1 seem to be doing great". Umm... which one is it? While I appreciate the troll…

Being a private company is not the same thing as having “no independent validation” of financial results. Like many other private companies, eIQ maintains an indepedent auditor. And of course, concerns of “not being taken seriously” were significantly offset by the $10m in funding eIQ closed from Venrock earlier this year.

Also, I’m a bit confused: you state “tech firms are not showing any growth at all…”, but in your reply to the “SIEM Still Struggles” post, you state, “arcsight and q1 seem to be doing great”. Umm… which one is it?

]]> By: mike http://blog.eiqnetworks.com/2009/07/01/eiqnetworks-grows-60-in-past-year/#comment-116 mike Wed, 08 Jul 2009 02:59:43 +0000 http://blog.eiqnetworks.com/?p=217#comment-116 right but - if there is no independent validation why even claim such things - as most people will not take it seriously. most of the tech firms are not showing any growth at all ... except maybe you -:) funny right but – if there is no independent validation why even claim such things – as most people will not take it seriously. most of the tech firms are not showing any growth at all … except maybe you -:) funny

]]> By: Mike Rothman http://blog.eiqnetworks.com/2009/07/01/eiqnetworks-grows-60-in-past-year/#comment-114 Mike Rothman Mon, 06 Jul 2009 12:49:01 +0000 http://blog.eiqnetworks.com/?p=217#comment-114 eIQ's fiscal ends April 30. So those results are for the fiscal year ending April 30, 2009. Being a private company, we are under no obligation to announce any financial results. The point is to show the increasing momentum eIQ has and that we are growing at well above the industry growth rate. eIQ’s fiscal ends April 30. So those results are for the fiscal year ending April 30, 2009. Being a private company, we are under no obligation to announce any financial results. The point is to show the increasing momentum eIQ has and that we are growing at well above the industry growth rate.

]]> By: mike http://blog.eiqnetworks.com/2009/07/01/eiqnetworks-grows-60-in-past-year/#comment-113 mike Mon, 06 Jul 2009 05:31:40 +0000 http://blog.eiqnetworks.com/?p=217#comment-113 weird... why are you announcing apr 1 numbers in july and why dont you announce quarterly numbers but yearly? i have never seen anything like that. i have worked for a few startups like eiq and we would always come up with weird press releases and come up with numbers like 50% growth etc etc ... it was pretty much a game and waste of time. before we knew it we ran out of cash and had to get more money ... 5 rounds i think. weird… why are you announcing apr 1 numbers in july and why dont you announce quarterly numbers but yearly? i have never seen anything like that.

i have worked for a few startups like eiq and we would always come up with weird press releases and come up with numbers like 50% growth etc etc … it was pretty much a game and waste of time. before we knew it we ran out of cash and had to get more money … 5 rounds i think.

]]>