ReliaQuest Closes $500M Round to Boost Agentic AI Security

Security Operations Firm Gets $3.4B Valuation, Expands AI Threat Detection Platform Michael Novinson (MichaelNovinson) • April 1, 2025

A security operations vendor that sponsors a college football bowl game raised $500 million to invest in agentic AI-driven cybersecurity automation and expand internationally.

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ReliaQuest said the funding round values the Tampa, Fla.-based company at $3.4 billion and was led by EQT, KKR and FTV Capital. That's more than triple the $1 billion valuation ReliaQuest received in December 2021 in conjunction with an investment from KKR. The company has more than $300 million in annual recurring revenue, is growing at more than 30% year-over-year and is operating profitably.

"Enterprise security teams have more data in more places than ever before, and the speed of the threat is rapidly increasing," ReliaQuest founder and CEO Brian Murphy ...