Cyber security Intelligence platform, ReliaQuest secured $300M in Growth Financing from KKR

ReliaQuest, a Florida based advanced cybersecurity managed service, and intelligence platform for global enterprises, has now secured $300 million in growth financing.

ReliaQuest is founded by Brian Murphy. It offers a software platform, known as GreyMatter, and a team of trained cyber analytics to deliver security effectiveness and efficiency.

GreyMatter is a cloud-native SaaS platform that normalizes, consolidates, and correlates data from customer’s existing cyber technologies, increasing visibility across the enterprises. The platform uses automation and AI, which enable continuous threat detection, remediation, and threat hunting.

Brian Murphy, founder and CEO of ReliaQuest, said, "ReliaQuest's GreyMatter platform is supported by some of the top security talent in the industry, enabling enterprises to increase visibility across cloud and on-premises technologies, allowing them to reduce risk and compromises. The investment from KKR and Ten Eleven is an important step that allows ReliaQuest to continue to scale globally while innovating and accelerating the development of the GreyMatter platform and follows what was a foundational investment from FTV four years ago. The entire ReliaQuest team has worked hard to get where we are, and we are excited about the future as we continue to work alongside our customers to solve one of the largest technical challenges of our time".

Ten Eleven General Partner Mark Hatfiel, said, "In these challenging times, enterprises need powerful, resourceful solutions to manage their cybersecurity operations. ReliaQuest has developed a new approach to this challenge with its GreyMatter platform, giving security teams the 'superpower' to see more, detect and investigate faster, and make better decisions. We look forward to partnering with ReliaQuest as they offer enterprises a new way of obtaining advanced cybersecurity protection."

The round was backed by the KKR, with participation from the ReliaQuest founder Brian Murphy and Ten Eleven Ventures.

The company, as of now has plans to use the new funds for platform development and international expansion.