ReliaQuest Secures $500M Investment, Valuation Soars to $3.4B Amid Cybersecurity Expansion

April 1, 2025
ReliaQuest Secures $500M Investment, Valuation Soars to $3.4B Amid Cybersecurity Expansion
  • ReliaQuest operates with over 1,000 customers and employs 1,200 people across six global centers, positioning itself as a leader in the cybersecurity ecosystem.

  • Goldman Sachs acted as the exclusive financial advisor for ReliaQuest during this funding round, with legal counsel provided by Gibson Dunn.

  • This technology enables customers to conduct investigations 20 times faster and with 30% greater accuracy, significantly improving response times to cyber threats.

  • Murphy noted that the new investment will enhance security outcomes for Chief Information Security Officers (CISOs) globally.

  • ReliaQuest has successfully raised over $500 million in a funding round led by EQT, KKR, and FTV Capital, boosting its valuation to $3.4 billion.

  • The funding round also saw participation from Ten Eleven Ventures and Finback Investment Partners, which will support ReliaQuest's growth and innovation in AI-driven cybersecurity.

  • ReliaQuest's GreyMatter platform integrates with over 200 third-party cybersecurity tools, allowing security teams to manage cyber threats more effectively.

  • CEO Brian Murphy emphasized the urgency for enterprise security teams to respond quickly to cyber threats, highlighting the role of Agentic AI in achieving rapid threat containment.

  • Since its last funding round in 2020, the company has experienced remarkable growth, with Annual Recurring Revenue surpassing $300 million and a growth rate exceeding 30% year-over-year.

  • The company specializes in AI-powered cybersecurity tools, aimed at enhancing security measures for businesses.

  • The influx of capital will be utilized to further develop ReliaQuest's technology and expand its market presence internationally.

  • Partners from EQT and KKR praised ReliaQuest's innovation and unique company culture as key factors in its competitive edge in the cybersecurity space.

Summary based on 4 sources


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