about - Media coverage

Media coverage published in 2019

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 $100 million 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 $100 million 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 million 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 $100 million

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 $100 million 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 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 $100 million 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 $100 million 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 million 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 $100 million 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 $100 million 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 $100 million 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 $100 million 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 $100 million 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 $100 million 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 $100 million 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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“Machine Learning – What will we learn?”

June 7, 2019

The Near-Futurist

OK, look, it's not the Near Futurist Guy Clapperton who ends up referencing Skynet and the Terminator in this episode - it's Oliver Tavakoli, a serial executive who is currently CTO of Vectra. In this far-ranging interview he outlines the basics of artificial intelligence, robotic process automation, machine learning and deep learning - and also looks at where it's all going.

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WWDC 2019: Apple takes aim at facebook on privacy

June 4, 2019

Threatpost

“It feels the exact same as what we already have but with a promise from Apple that they will be nice. Google once had the slogan ‘don’t be evil,'” says Chris Morales, head of security analytics at Vectra.

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Apple unveils privacy-focused authentication system

June 4, 2019

Security Week

“Google once had the slogan ‘don’t be evil’. It is all big companies trying to be the central point of authentication. I’m sure it works great, however, I think the privacy angle is more geared towards marketing than anything else,” says Chris Morales, head of security analytics at Vectra.

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Apple announces new sign-in feature to compete with Facebook and Google

June 4, 2019

Silicon Angle

Chris Morales, head of security analytics at Vectra AI Inc., was somewhat skeptical, noting that the new service “feels like the exact same thing we already have, but with a promise from Apple that they will be nice.”

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Apple launches new 'private, secure' sign in

June 4, 2019

Secure World

“It is all big companies trying to be the central point of authentication. I’m sure it works great, however, I think the privacy angle is more geared towards marketing than anything else,” says Chris Morales, head of security analytics at Vectra.

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Data defense: 12 network security companies keeping out information safe

June 4, 2019

Built In

Vectra is a threat detection and hunting platform that identifies attacks on clouds, data centers and IoT devices in real-time. Using AI-based behavioral detection algorithms, the company’s Cognito Platform detects, responds to and investigates attacks.

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What cartoons can teach us about cyberattacks

June 3, 2019

Security Intelligence

Vectra, an AI-driven threat detection platform, created its own cartoon characters (to avoid any copyright issues) and uses them as a security teaching tool. It employs villains to personify the phases of the attack life cycle — command and control, internal recon, lateral movement, data exfiltration and botnet monetization.

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Inside GCHQ's proposed backdoor into end-to-end encryption

June 3, 2019

Security Week

Chris Morales, head of security analysis says, “I understand why government agencies want access, but I also believe it fundamentally breaks the entire trust model of encryption and makes the entire of point of encrypting data for privacy useless. If the backdoor exists, who is going to 'watch' the 'watchers'?"

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Google, salesforce outages bolster argument for a multicloud approach

June 3, 2019

Channel Futures

Using the cloud, however, comes with risks, says Chris Morales, head of security analytics at Vectra, a cybersecurity firm.

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Deepin Linux: security threat or safe to use?

May 31, 2019

Linux Insider

"I would feel more comfortable with open source code because anyone can review the code itself to understand what is happening and then modify the code as necessary," Chris Morales, head of security analytics at Vectra, told LinuxInsider.

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Deepin Linux: security threat or safe to use?

May 31, 2019

Tech News World

"I would feel more comfortable with open source code because anyone can review the code itself to understand what is happening and then modify the code as necessary," Chris Morales, head of security analytics at Vectra, told LinuxInsider.

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WannaCry malware still hitting healthcare organizations

May 30, 2019

Med Tech Dive

Legacy systems that providers frequently use lack basic cybersecurity controls and often aren't properly vetted before connecting to a network, according to research from Vectra.

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Vectra appoints Andreas Müller as sales director DACH

May 29, 2019

IT-Reseller

Andreas Müller wird Sales Director für den DACH-Raum beim Cybersecurity-Anbieter Vectra. Zuvor war er unter anderem Vertriebsleiter bei Check Point.

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Healthcare organizations must recruit CIOs with an understanding of today’s cybersecurity landscape

May 24, 2019

TD Madison Blog

Chris Morales, head of security analytics at Vectra says the combination of IoT devices, legacy systems, unpartitioned networks, and weak access controls makes providers particularly vulnerable.

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The cyber threat in the mirror?

May 23, 2019

24x7 Magazine

This vast amount of data, coupled with the need for fast, easy access to ensure 24/7 healthcare delivery, has created an ever-expanding attack surface that can be exploited by cybercriminals.

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