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Vectra AI

Vectra AI
FormerlyTraceVector
Vectra Networks
Company typePrivately held
IndustryCybersecurity
Network security
Cloud security
Founded2012; 12 years ago (2012)
FoundersMark Abene, James Harlacher, Marc Rogers, Steven Lutz
Headquarters
San Jose, California
,
U.S.
Number of locations
11 offices; 3 Security Operations Centers (2023)
Area served
North America, Europe, Middle East, Africa, Australia/New Zealand, Japan and Asia-Pacific
Key people
Hitesh Sheth (CEO)
Willem Hendrickx (CRO)
Oliver Tavakoli (CTO)
ProductsVectra AI Cybersecurity Platform (formerly Cognito Platform), Vectra Detect, Vectra Recall, Vectra Stream
ServicesMDR (Managed security service)
Number of employees
580
Websitewww.vectra.ai

Vectra AI, Inc. is a cybersecurity company that uses AI for hybrid attack detection, investigation, and response (NDR) solutions.[1] The company was established in 2012 and operates in 113 countries from its San Jose, California headquarters.

History

Vectra AI, formerly known as TraceVector, was founded in 2008 by a group of 4 cybersecurity professionals. Its mission was to offer security professionals an automated intrusion detection system that could address the escalating and sophisticated cyber-attacks which had increased dramatically in recent years.[2]

In March 2015, Vectra launched the S-series sensor,[3] announced record bookings growth of nearly 400 percent in 2015 over 2014 and expanded its business into EMEA.[4]

On January 25, 2022, Vectra AI completed the acquisition of Siriux, a network management software company.[5][6]

In 2023, the company partnered with Curtiss-Wright’s Defense Solutions Division to support cyber stacks used in National Security operations.[7][8]

The company was listed on Forbes 2023 AI 50.[9]

The company’s current CEO is Hitesh Sheth.[10]

Product

Vectra AI automates threat detection. The Vectra AI Platform with Attack Signal Intelligence uses AI to analyze the behavior of attackers and automatically apply triage. These threats are then correlated, and each security incident is prioritized. The platform employs the integrated signal powering Extended Detection and Response (XDR). XDR is designed to help with threat detection and response challenges in real-time.[11][12] In 2023 Vectra announced an update to their Cloud Detection and Response for Amazon Web Services.[13]

Funding

Vectra AI raised a total of $350 million[14] in funding and is considered a Unicorn with its $1.2 billion valuation.[citation needed]

Investors

Vectra AI has secured investments from a diverse group of investors, including Khosla Ventures, IA Ventures, Accel Partners, Atlantic Bridge, Wipro Ventures, AME Cloud Ventures, Intel Capital, DAG Ventures, Ireland Strategic Investment Fund, Junos Innovation Fund (Juniper), Nissho Electronics, Silver Lake, TCV, and Blackstone.[15]

References

  1. ^ Raynel, Tom. "Vectra AI unveils enhanced Cloud Detection Response for AWS". SecurityBrief Asia. Retrieved 2023-12-21.
  2. ^ "Archive of TraceVector's website". Archived from the original on 2010-05-25. Retrieved 2023-11-29.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  3. ^ "Vectra Networks ships a new sensor for its attack-detection gear". Network World. 27 March 2015.
  4. ^ "Vectra Networks Expands into EMEA". Vectra Networks website.
  5. ^ "Vectra AI snaps up identity and SaaS posture management startup Siriux". Ingenio. Retrieved 2024-09-06.
  6. ^ Kobialka, Dan (2022-01-26). "Vectra Acquires Identity, SaaS Threat Management Company Siriux -". MSSP Alert. Retrieved 2024-09-06.
  7. ^ Magazine, EP&T (2023-09-23). "Curtiss-Wright Collaborates with Vectra AI". Electronic Products & Technology. Retrieved 2024-01-10.
  8. ^ Blinde, Loren (2023-09-13). "Curtiss-Wright collaborates with Vectra AI". Intelligence Community News. Retrieved 2024-01-10.
  9. ^ CAI", "KENRICK. "The AI 50 2023". Forbes. Retrieved 2024-01-10.
  10. ^ jirehl (2024-01-16). "The Top 25 Cybersecurity Executives for 2024 | The Software Report". Retrieved 2024-01-23.
  11. ^ "Vectra AI unveils XDR platform with real-time attack signal intelligence". CSO Online. Retrieved 2023-12-21.
  12. ^ "Vectra AI Platform provides real-time attack signal intelligence". Help Net Security. 2023-08-08. Retrieved 2023-12-21.
  13. ^ Raynel, Tom. "Vectra AI unveils enhanced Cloud Detection Response for AWS". SecurityBrief Asia. Retrieved 2024-01-23.
  14. ^ "Vectra AI Joins Security Unicorn Pack at $1.2B Valuation". SDX Central.
  15. ^ "Vectra AI's Investors". Vectra AI's website.

Further reading
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