Cybersecurity firm ReliaQuest raised $500 million in a funding round led by EQT, KKR, and FTV Capital, bringing its valuation to $3.4 billion. The investment will accelerate international expansion and enhance product development, particularly in agentic AI security tools. ReliaQuest has experienced exponential growth, with a 4x increase in annual recurring revenue since its last funding round. CEO Brian Murphy emphasized the need for effective security solutions, highlighting the challenges faced by enterprise security teams amidst a rapidly evolving threat landscape.
Founded in 2007, ReliaQuest has established itself as a leading cybersecurity provider, offering enterprise users AI-powered tools to support security operations.
This investment represents a 'key step' in the company's growth trajectory and will enable it to deliver improved security outcomes for enterprises and CISOs.
Collection
[
|
...
]