AI-based cybersecurity technology developer Vectra, whose shareholders include Intel, Nissho, Juniper Networks and Wipro, has boosted its total funding to more than $200m.
US-based cybersecurity technology developer Vectra, backed by corporates Intel, Juniper Networks, Nissho Electronics and Wipro, raised $100m on Monday in a funding round led by private equity firm TCV.
A range of unnamed existing investors also contributed to the round, and TechCrunch identified venture capital firms Accel and Khosla Ventures among the returning shareholders.
Founded in 2011, Vectra has built a cybersecurity software platform called Cognito that relies on artificial intelligence technology to automatically detect and respond to cyber attacks…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.