Portland, Oregon  --  Security technology company ID Experts has received $5 million in its Series A round of institutional strategic investment.

ID Experts has developed software that helps organizations manage cyber risks and data breaches.

The company also provides software to consumers to "protect and restore their identities from identity theft."

BlueCross BlueShield Venture Partners and Sandbox Industries made the investment.

ID Experts did not say how the funding proceeds would be used.