Blackstone Leads $130 Million Investment in Vectra AI

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April 29, 2021
Published by:

The Wall Street Journal Private Equity Group

Blackstone Group Inc.’s growth investment arm is betting on a cybersecurity startup that uses artificial intelligence to detect and mitigate hacker attacks while they’re happening. Backing the company through its Blackstone Growth strategy, the firm led a $130 million investment in Vectra AI Inc., a cloud-based cybersecurity technology company that uses AI to help organizations detect and counter cyberattacks within their networks while the intrusions are in progress.

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