Vectra AI Raises $130 Million at $1.2 Billion Valuation
Blackstone Group is leading a $130 million round for Vectra AI, its latest investment in a fast growing tech startup. The investment is coming from the growth unit at Blackstone Group (ticker: BX) growth unit, which will have a minority stake in Vectra AI. The company didn’t disclose other investors of the F round, saying only that existing investors participated in the round. The round values Vectra AI at $1.2 billion.