Vectra AI picks up $130M at a $1.2B valuation for its network approach to threat detection and response

Vectra AI picks up $130M at a $1.2B valuation for its network approach to threat detection and response

3 years ago
Anonymous $OlGJJXacOb

https://techcrunch.com/2021/04/29/vectra-ai-picks-up-130m-at-a-1-2b-valuation-for-its-network-approach-to-threat-detection-and-response/

Cybersecurity nightmares like the SolarWinds hack highlight how malicious hackers continue to exploit vulnerabilities in software and apps to do their dirty work. Today a startup that’s built a platform to help organizations protect themselves from this by running threat detection and response at the network level is announcing a big round of funding to continue its growth.

Vectra AI, which provides a cloud-based service that uses artificial intelligence technology to monitor both on-premise and cloud-based networks for intrusions, has closed a round of $130 million at a post-money valuation of $1.2 billion.

Vectra AI picks up $130M at a $1.2B valuation for its network approach to threat detection and response

Apr 29, 2021, 1:15pm UTC
https://techcrunch.com/2021/04/29/vectra-ai-picks-up-130m-at-a-1-2b-valuation-for-its-network-approach-to-threat-detection-and-response/ > Cybersecurity nightmares like the SolarWinds hack highlight how malicious hackers continue to exploit vulnerabilities in software and apps to do their dirty work. Today a startup that’s built a platform to help organizations protect themselves from this by running threat detection and response at the network level is announcing a big round of funding to continue its growth. > Vectra AI, which provides a cloud-based service that uses artificial intelligence technology to monitor both on-premise and cloud-based networks for intrusions, has closed a round of $130 million at a post-money valuation of $1.2 billion.