The Intel, Juniper Networks, Nissho and Wipro-backed cloud security software provider has closed a round that took its total funding to $330m.

Vectra AI, a US-based cybersecurity technology developer backed by corporate investors Intel, Juniper Networks, Nissho Electronics and Wipro, received $130m yesterday in a round led by investment firm Blackstone Growth.

The round also featured undisclosed existing investors and the funding was secured at a $1.2bn post-money valuation.

Founded in 2011, Vectra has built an artificial intelligence-equipped enterprise software tool which helps organisations to identify and respond to cyberthreats on cloud platforms, data centres, IT and internet-of-things systems. It will use…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.