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Media coverage published in 2019

Vectra raises $100m more for cybersecurity AI

June 13, 2019

Security Boulevard

Vectra has garnered another $100 million in funding to accelerate development of a threat detection and response system running in the cloud that makes extensive use of artificial intelligence (AI). This latest round of funding brings the total investment in Vectra to $200 million.

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The active cyber defense bill is back on the table

June 13, 2019

Security Week

"Notice that after any major cyber-attack, it usually takes weeks to determine who's responsible for it, and even those determinations are hedged with uncertainty," warns Hitesh Sheth, CEO of threat detection firm Vectra.

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Cash injection for Vectra

June 13, 2019

CRN

Security start-up Vectra received $ 100 million in another round of financing, nearly doubling its previously raised capital. The round of financing was led by TCV, which already owns tech companies like Datto and Splunk, and is one of the early investors in Facebook, Netflix and Spotify.

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Vectra Threat Detection and Response: New Funding for Channel Partner Expansion?

June 13, 2019

MSSP Alert

Vectra, a company that provides an artificial intelligence-based threat detection and response platform, has raised $100 million in a Series E funding round led by growth equity firm TCV. The funding brings Vectra’s total financing to date to more than $200 million.

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Cybersecurity startup Vectra raises $100 million

June 12, 2019

Presse-Citron

The US startup Vectra has announced that it has raised not less than $ 100 million in its last round, an amount it will invest to accelerate its expansion into global markets.

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Cybersecurity: Vectra Networks raises $100 million

June 12, 2019

Informatiquenews.fr

Vectra Networks has completed a $ 100 million TCV-led fundraising drive to stimulate global market expansion and research and development efforts.

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Travelers’ photos stolen after CBP subcontractor breached

June 11, 2019

SC Magazine

Since a subcontractor’s network was compromised, “this is more akin to an internal misuse,” said Chris Morales, head of security analytics at Vectra. “The trusted insider is the hardest thing to protect for and even harder to monitor.”

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Comparing Vectra and Verizon Threat Research: internal errors in healthcare is very real

June 11, 2019

Healthcare Business Today

Echoing what Vectra observed from its own healthcare customers, the Verizon 2018 Data Breach Investigations Report indicated that a key security risk for the healthcare industry is its susceptibility to internal errors and misuse.

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Artificial intelligence threat detection firm Vectra raises $100 million

June 11, 2019

Security Week

Vectra CEO Hitesh Sheth told SecurityWeek that the new funds will primarily be used for global market expansion.

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Vectra Raises $100 million

June 11, 2019

Digitalisation World

Vectra has closed a $100 million round of funding led by TCV, one of the largest growth equity firms backing private and public technology companies. Existing investors also participated in the funding round, bringing the company’s total funding to date to more than $200 million.

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Ireland Strategic Investment Fund invests $5m in cybersecurity company

June 11, 2019

Irish Time

The Ireland Strategic Investment Fund (ISIF) has taken part in a $100 million (€88.4 million) funding round in Vectra, an artificial intelligence cybersecurity company which has a presence in Dublin.

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Ireland's strategic fund increases its investment in California cybersecurity specialist Vectra

June 11, 2019

The Irish Independent

THE State-owned Ireland Strategic Investment Fund (Isif) is understood to have invested around $5m as part of a $100m (€88.4m) funding round by California artificial intelligence cybersecurity firm Vectra.

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Vectra plans to ramp up operations with $100m investment

June 11, 2019

CRN

Security vendor Vectra has closed a successful Series E investment round with $100m (£78.6m) in funding. The round was led by private equity house TCV, which also counts the likes of Webroot, Splunk and Datto among its investment companies.

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AI for cloud security attracts venture funding

June 11, 2019

Enterprise AI

Vectra, the cloud security platform vendor, has raised an additional $100 million in its latest funding round led by TCV, an early investor in technology companies ranging Facebook to Splunk.

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Vectra scores $100M in funding to expand threat detection and response fare

June 11, 2019

Channelnomics

Network security vendor Vectra on Monday closed a $100M round of Series E funding led by growth equity firm TCV along with the company’s previous backers, Khosla Ventures and Accel.

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Vectra raises $100 million to protect cloud environments with AI

June 11, 2019

The Entrepreneur Fund

This latest round brings Vectra’s total raised to over $200 million, which president and CEO Hitesh Sheth said will fuel the company’s global market expansion, research and development efforts, and the growth of its workforce of over 100 people.

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Vectra raises $100 million led by TCV to secure the cloud using network threat detection and response

June 11, 2019

AIThority.com

Vectra, the leader in network threat detection and response (NDR), closed a $100 million round of funding led by TCV, one of the largest growth equity firms backing private and public technology companies.

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Vectra raises $100 million led by TCV to secure the vloud using network threat detection and response

June 11, 2019

IT Security Guru

“TCV has an extensive track record of partnering with enterprise security companies, including Rapid7 and Splunk, from growth stage to public,” said Tim McAdam, general partner at TCV and a member of the Vectra board of directors.

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TCV leads $100 million in Vectra

June 11, 2019

Silicon Valley Daily

“The cloud has inherent security blind spots, making it imperative to eliminate cyber-risks as enterprises move their business to the cloud,” said Hitesh Sheth, president and chief executive officer at Vectra.

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TCV backs Vectra in $100M fundraising round

June 11, 2019

S&P Global Market Intelligence

Technology-focused growth equity investor TCV led a $100 million fundraising round for Vectra, which offers network detection and response solutions.

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TCV leads $100m round for cloud cybersecurity specialist Vectra

June 11, 2019

Alt Assets

The latest round brings Vectra’s total funding to $200m, with the company saying it would use the new capital to accelerate global market expansion and R&D innovation.

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Vectra raises $100 Mn to optimize AI-driven cloud and network security

June 11, 2019

Toolbox Tech

Vectra recently announced that it had closed a $100 million round of funding driven by TCV, an equity firms backing private and public technology organizations.

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Vectra brings in $100M

June 11, 2019

Pitchbook

Vectra, a developer of AI tech used to detect cyberattacks, has raised a $100 million round led by TCV.

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Vectra closes $100M funding round

June 11, 2019

VC News Daily

"TCV has an extensive track record of partnering with enterprise security companies, including Rapid7 and Splunk, from growth stage to public," said Tim McAdam, general partner at TCV and member of the Vectra board of directors.

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Managed security service provider news: June 11, 2019

June 11, 2019

MSSP Alert

Funding – Threat Detection and Response: Vectra has raised $100 million to fund the company’s AI-driven cloud security using network detection and response.

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Cybersecurity: Vectra Networks raises $100 million

June 11, 2019

Channelnews.fr

Vectra raised $100 million TCV-led fundraiser to stimulate global market expansion and research and development efforts.

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Vectra lands $100M Series E Investment for AI-driven network security

June 10, 2019

TechCrunch

Vectra, a seven-year old company that helps customers detect intrusions at the network level, whether in the cloud or on premises, announced a $100 million Series E funding round today led by TCV.

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Vectra raises $100 million to protect cloud environments with AI

June 10, 2019

Venturebeat

This latest round brings Vectra’s total raised to over $200 million, which president and CEO Hitesh Sheth said will fuel the company’s global market expansion, research and development efforts, and the growth of its workforce of over 100 people.

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Vectra Bags $100M from Blue-Chip Investors to Hunt Threats with Network Metadata

June 10, 2019

Silicon Angle

Today, Vectra AI Inc. became the latest to join the fray after announcing that it has closed a fresh $100 million investment.

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TCV leads $100 mln round for Vectra

June 10, 2019

PE Hub

Vectra, the leader in network threat detection and response (NDR), today closed a $100 million round of funding led by TCV, one of the largest growth equity firms backing private and public technology companies.

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Cisco competitor scores $100M to secure cloud networks

June 10, 2019

Silicon Valley Business Journal

Vectra, a cloud security company led by the former chief operating officer of Aruba Networks, has raised $100 million in new funding as it pushes to continue its streak of doubling its annual recurring revenue.

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Vectra secures $100 million for network detection and response solution

June 10, 2019

Solutions Review

Today, network detection and response (NDR) vendor Vectra announced that they had raised $100 million in Series E funding.

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Term Sheet: June 10, 2019

June 10, 2019

Fortune

Vectra, a San Jose, Calif.-based AI-driven threat detection platform, raised $100 million in funding. TCV led the round.

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Pro Rata: June 10, 2019

June 10, 2019

Axios

Vectra, a San Jose, Calif.-based network threat detection and response company, raised $100 million led by TCV.

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Apple’s new privacy and security features: a closer look

June 10, 2019

Security Boulevard

Anything designed to improve privacy is a step forward, but while this could be a game-changing technology, it may not be exactly as it seems, said Chris Morales, head of security analytics at Vectra.

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Daily Cyberwire: June 10, 2019

June 10, 2019

Cyberwire

Vectra, a seven-year old company that helps customers detect intrusions at the network level, whether in the cloud or on premises, announced a $100 million Series E funding round today led by TCV.

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Cybersecurity vendor Vectra raises $100M to aid R&D, global growth

June 10, 2019

CRN

"In our research on the category, it became clear to us that Vectra was rapidly gaining momentum with customers by rethinking the way enterprises view both network and cloud security," TCV General Partner Tim McAdam said in a statement.

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This CEO explains how his hot cybersecurity startup went from having 'several near death experiences' to raising $100 million

June 10, 2019

Business Insider

The team spent the first couple of years making the technology work — Sheth said it felt like there were "several near death experiences," as the promise of AI didn't quite match up with the reality.

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Vectra raises $100m in Series E funding

June 10, 2019

Infosecurity Magazine

After having experienced 104% growth in annual recurring revenue in 2018 over 2017, Vectra has today announced that it closed a $100 million funding round led by TCV, bringing the company’s total funding to date to more than $200 million, according to a June 10 press release.

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Vectra gets $100 million to fuel channel-generated growth

June 10, 2019

Channel Futures

Vectra, the provider of technology that applies AI to detect and hunt for cyberattackers, has closed a $100 million funding round, bringing its total funding to more than $200 million.

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Bill aims to limit use of AI in video interviews; disinformation may get harder to spot; catching cheaters

June 10, 2019

WSJ Pro Venture Capital

Vectra, which offers AI-powered network detection and response services, closed a $100 million funding round led by TCV, a growth-equity firm.

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Accel's June paydays loom | Early-stage gene-editing gold rush

June 10, 2019

WSJ Pro Venture Capital

Vectra, a San Jose, Calif.-based threat detection and response provider, closed a $100 million round of growth funding.

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Vectra raises $100 million to hunt threats with network metadata

June 10, 2019

VM Blog

"TCV has an extensive track record of partnering with enterprise security companies, including Rapid7 and Splunk, from growth stage to public," said Tim McAdam, general partner at TCV and a member of the Vectra board of directors.

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Vectra Secures $100M With AI-Driven Tech

June 10, 2019

PYMNTS.com

A seven-year-old cloud security company that utilizes artificial intelligence (AI) to find network intrusions has raised $100 million in a Series E funding round led by TCV, according to a report.

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Vectra raises $100M in funding

June 10, 2019

FinSMES

Vectra, 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.

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Venture capital investments

June 10, 2019

SC Magazine

Vectra closed a $100 million round of funding led by TCV and existing investors. Vectra said it will use the investment to accelerate global market expansion and R&D innovation.

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Sovereign fund tops up investment in cybersecurity

June 10, 2019

The Times

It was announced yesterday that the funding round was led by TCV, one of the largest private equity firms in the world, and brings the total raised by Vectra to $200 million.

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TCV Leads $100m round for cloud cybersecurity specialist Vectra

June 10, 2019

Reg Tech Analyst

Tech investor TCV has led a $100m funding round for network threat detection and response business Vectra.

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Vectra lands $100M Series E investment for AI-driven network security – TechCrunch

June 10, 2019

Business Telegraph

Vectra, a seven-year old company that helps customers detect intrusions at the network level, whether in the cloud or on premises, announced a $100 million Series E funding round today led by TCV.

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Les Echos - funding announcement

June 10, 2019

Les Echos

Hitesh Sheth interviews with Les Echos about the new funding announcement.

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