No show dogs: Cybersecurity CEO talks $3B valuation, potential IPO

Brian Murphy details the hows and whys of getting to $3 billion in valuation.


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  • | 11:16 a.m. April 18, 2025
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Reliaquest CEO Brian Murphy reflects on building and scaling the company to its current $3 billion valuation at Embarc Collective's Builder Series in Tampa.
Reliaquest CEO Brian Murphy reflects on building and scaling the company to its current $3 billion valuation at Embarc Collective's Builder Series in Tampa.
Photo by Laura Lyon
  • Tampa Bay-Lakeland
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Tampa-based cybersecurity firm Reliaquest recently announced a $500 million investment from a slew of firms. The milestone both puts the company’s valuation at $3.4 billion and, executives say, position it for an IPO. 

Entrepreneur Brian Murphy founded Reliaquest in 2007 and the firm has since scaled to 1,200 employees across six offices. It emphasizes custom cybersecurity solutions tailored to the customer as opposed to a one-size-fits-all method. The company's Greymatter platform designed for security teams launched in 2019.

 

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