Security firm ReliaQuest valued at$ 3.4 billion in latest funding round

AI-powered security firm ReliaQuest said on Monday it had raised more than$ 500 million in a funding round led by EQT, KKR and FTV Capital, valuing it at$ 3.4 billion.

Various owners included Ten Eleven Ventures and Finback Investment Partners.

Founded in 2007 by Brian Murphy, ReliaQuest provides AI-powered security operations system, GreyMatter, that allows surveillance teams to identify threats at the source.

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