ReliaQuest Valued At Extra Than $1 Billion Following Progress Spherical Led by KKR

Are Baby Boomers More Vulnerable Online Than Younger Generations? You Might Be Surprised

TAMPA, Fla. – Dec. 01, 2021 – ReliaQuest, the chief in Open XDR-as-a-Service, as we speak introduced a brand new funding spherical led by current investor KKR. Ten Eleven Ventures, FTV Capital and founder Brian Murphy additionally participated within the funding. The brand new spherical follows a$300 million progress fairness sphericalin 2020 and will likely be used to speed up the enlargement of ReliaQuest’s enterprise operations and the continued improvement of its GreyMatter platform.

Whether or not organizations want totally managed detection and response (MDR), co-managed safety operations, or an automatic Open XDR platform, ReliaQuest delivers the outcomes and board-ready reporting that organizations require to unravel probably the most difficult features of cybersecurity whereas maturing their packages over time. The ReliaQuest GreyMatter platform, backed by 24/7/365 safety experience, power multiplies safety operations delivering unified detection and response with transparency and automation.

“Prospects are gravitating to our Open XDR method to ship tailor-made safety outcomes for his or her group and are embracing ReliaQuest as a real force-multiplier for his or her safety program,” mentioned Brian Murphy, CEO of ReliaQuest. “This funding permits us to each enhance our market presence and proceed to innovate on our GreyMatter cloud-native platform. KKR, Ten Eleven and FTV have been in lockstep with us because the momentum builds out there and so they proceed to put money into our strategic partnership to speed up progress as we increase the world over.”

This newest spherical of funding marks a momentous 12 months for ReliaQuest, which included:

“Over the previous a number of years, we’ve seen ReliaQuest evolve its answer into a number one platform that’s extremely able to fixing safety challenges for organizations throughout industries and geographies,” mentioned Stephen Shanley, Managing Director at KKR. “We’re enthusiastic about our strategic partnership with ReliaQuest and its momentum since our preliminary funding. This extra funding will assist make key enhancements to the GreyMatter platform that can additional solidify its management place out there.”

KKR will likely be making the funding via its Subsequent Era Expertise Progress Fund II, a fund devoted to progress fairness funding alternatives within the know-how house.

About ReliaQuest

ReliaQuest, the chief in Open XDR-as-a-Service, is the power multiplier for safety operations groups. ReliaQuest GreyMatter is a cloud-native Open XDR platform that brings collectively telemetry from any safety and enterprise answer, whether or not on-premises, or in a single or a number of clouds, to unify detection, investigation, response and resilience. ReliaQuest combines the facility of know-how and 24/7/365 safety experience to present organizations the visibility and protection they require to make cybersecurity packages more practical.Tons of of Fortune 1000 organizations belief ReliaQuest GreyMatter to operationalize safety investments, making certain groups give attention to the best issues whereas closing visibility and functionality gaps to proactively handle threat and speed up initiatives for the enterprise. ReliaQuest is a personal firm headquartered in Tampa, Fla., with a number of international areas. For extra info, go towww.reliaquest.com.

About KKR

KKR is a number one international funding agency that provides different asset administration and capital markets and insurance coverage options. KKR goals to generate enticing funding returns by following a affected person and disciplined funding method, using world-class individuals and supporting progress in its portfolio firms and communities. KKR sponsors funding funds that put money into non-public fairness, credit score and actual belongings and has strategic companions that handle hedge funds. KKR’s insurance coverage subsidiaries provide retirement, life and reinsurance merchandise underneath the administration of The International Atlantic Monetary Group. References to KKR’s investments could embody the actions of its sponsored funds and insurance coverage subsidiaries. For added details about KKR & Co. Inc. (NYSE: KKR), please go to KKR’s web site atwww.kkr.comand on Twitter @KKR_Co.

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