Vectra AI, a San Jose, CA-based threat detection and response company, raised $130m in funding.
The round, which brought total funding raised to date to more than $350m at a post-money $1.2 billion valuation, was led by funds managed by Blackstone Growth with participation from existing investors, which are Accel, TCV Partners, Khosla Ventures, IA Ventures, AME Cloud Ventures, DAG Ventures, Wipro Ventures, Atlantic Bridge, and The Ireland Strategic Investment Fund.
The company intends to use the funds to accelerate growth through platform innovation and expansion into new markets and geographies.
Led by Hitesh Sheth, president and chief executive officer, Vectra provides an artificial intelligence (AI)-driven cloud security platform for threat detection and response. Cognito detects attacker behaviors and protects its users from being compromised, regardless of location. The platform works across the complex enterprise IT infrastructure to continuously learn, and deploys advanc
Vectra extends cloud identity detection capabilities with Microsoft Azure AD
Answers industry need for universal SaaS coverage with cloud-to-ground data control
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SAN JOSE, Calif., Feb. 11, 2021 /PRNewswire/ Vectra AI, a leader in network detection and response (NDR), today announced enhanced cloud identity detection capabilities using Azure AD within its Cognito Detect for Office 365. By integrating at the identity layer, Vectra gives complete
cloud-to-ground security coverage over an organization s entire SaaS ecosystem. This single configuration effectively puts an end to lateral movement between ground and cloud.
In the rapidly adopted remote work environment, data is stored and distributed across countless cloud applications. For many organizations, Azure AD holds the keys to the kingdom because it is leveraged for federated authentication to their SaaS applications. The adoption of Azure AD reached 425 million