Vectra AI, a San Jose, CA-based threat detection and response company, raised $130m in funding.
The round, which brought total funding raised to date to more than $350m at a post-money $1.2 billion valuation, was led by funds managed by Blackstone Growth with participation from existing investors, which are Accel, TCV Partners, Khosla Ventures, IA Ventures, AME Cloud Ventures, DAG Ventures, Wipro Ventures, Atlantic Bridge, and The Ireland Strategic Investment Fund.
The company intends to use the funds to accelerate growth through platform innovation and expansion into new markets and geographies.
Led by Hitesh Sheth, president and chief executive officer, Vectra provides an artificial intelligence (AI)-driven cloud security platform for threat detection and response. Cognito detects attacker behaviors and protects its users from being compromised, regardless of location. The platform works across the complex enterprise IT infrastructure to continuously learn, and deploys advanced AI, threat intelligence feeds and known attack profiles to identify breaches as they are being executed.
Vectra offers four applications on the platform to address high-priority use cases, including:
- 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,
- Cognito Detect™, which uses AI to reveal and prioritize hidden and unknown attackers at speed, and
- Cognito Detect for Office365 and Azure AD™, which finds and stops attacks in enterprise SaaS applications and the Microsoft 365 ecosystem.
FinSMEs
29/04/2021