Daily Summary
ReliaQuest, an AI-driven cybersecurity company, raised over $500 million in a funding round led by EQT, KKR, and FTV Capital, boosting its valuation to $3.4 billion. The firm plans to use the new capital to drive innovations in automation and expand its international presence amid rising cyber threats. Founded in 2007, ReliaQuest uses its GreyMatter platform to help large enterprises detect, contain, and respond to cyber attacks.
AI-powered cybersecurity firm ReliaQuest valued at $3.4 billion in major funding round
ReliaQuest raised over $500 million in a new funding round, bringing its valuation to $3.4 billion, to drive innovations in its AI-powered cybersecurity solutions and support global expansion.