Vectra Raises $100M in Funding

vectraVectra, a San Jose, CA-based provider of network threat detection and response (NDR) solutions, closed a $100m round of funding.

The round, which brought total funding to date to more than $200m, was led by TCV, with participation from existing investors.

The company intends to use the funds to accelerate global market expansion and R&D innovation.

Led by Hitesh Sheth, president and chief executive officer, Vectra provides a network detection and response platform for cloud and data center workloads and user and IoT devices. Its Cognito® platform accelerates threat detection and investigation using AI to enrich network metadata it collects and stores with the right context to detect, hunt and investigate known and unknown threats in real time.
Vectra offers three applications on the Cognito platform to address high-priority use cases:
– Cognito Stream™, which sends security-enriched metadata to data lakes and SIEMs,
– Cognito Recall™, which is a cloud-based application to store and investigate threats in enriched metadata, and
– Cognito Detect™, which uses AI to reveal and prioritize hidden and unknown attackers at speed.

FinSMEs

10/06/2019

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