AI-powered cybersecurity firm ReliaQuest said on Monday it has raised more than $500 million in a funding round led by EQT, KKR and FTV Capital, valuing it at $3.4 billion.
Investor enthusiasm for artificial intelligence has been strong as businesses race to integrate AI-driven efficiencies into their operations, while rapidly increasing sophisticated cyberattacks have boosted demand for more effective security.
Source: reuters.com/
