ReliaQuest Raises Over $300M in Growth Financing


reliaquest

ReliaQuest, a Tampa, Fla.-based advanced cybersecurity managed service and intelligence platform for global enterprises, raised over $300m in growth financing.

The round was led by global investment firm KKR, with participation from Ten Eleven Ventures and ReliaQuest founder and CEO Brian Murphy.

The funding will support the company in accelerating its growth initiatives, including international expansion and platform development.

ReliaQuest provides a software platform, called GreyMatter, and a team of trained cyber analysts to deliver security effectiveness and efficiency. GreyMatter is a cloud-native SaaS platform that consolidates, normalizes, and correlates data from customers’ existing cyber technologies, increasing visibility across the enterprise. The platform leverages artificial intelligence and automation, which enable continuous threat detection, threat hunting, and remediation.

The company plans to add another 100 employees to its ranks worldwide through the course of 2020.

FinSMEs

25/08/2020

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