Vectra AI
 |
 | |
| Formerly | TraceVector Vectra Networks |
|---|---|
| Company type | Privately held |
| Industry | Cybersecurity Network security Cloud security |
| Founded | 2012 |
| Founders | Mark Abene, James Harlacher, Marc Rogers, Steven Lutz |
| Headquarters | , |
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) Scott Dussault (CFO) Willem Hendrickx (CRO) Oliver Tavakoli (CTO) |
| Products | Vectra AI Cybersecurity Platform (formerly Cognito Platform), Vectra Detect, Vectra Recall, Vectra Stream |
| Services | MDR (Managed security service) |
Number of employees | 580 |
| Website | www |
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]
In 2023, the company partnered with Curtiss-Wright’s Defense Solutions Division to support cyber stacks used in National Security operations.[5][6]
The company was listed on Forbes 2023 AI 50.[7]
The company’s current CEO is Hitesh Sheth.[8]
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.[9][10] In 2023 Vectra announced an update to their Cloud Detection and Response for Amazon Web Services.[11]
Funding
Vectra AI raised a total of $350 million[12] 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.[13]
References
- ^ Raynel, Tom. "Vectra AI unveils enhanced Cloud Detection Response for AWS". SecurityBrief Asia. Retrieved 2023-12-21.
- ^ "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) - ^ "Vectra Networks ships a new sensor for its attack-detection gear". Network World. 27 March 2015.
- ^ "Vectra Networks Expands into EMEA". Vectra Networks website.
- ^ Magazine, EP&T (2023-09-23). "Curtiss-Wright Collaborates with Vectra AI". Electronic Products & Technology. Retrieved 2024-01-10.
- ^ Blinde, Loren (2023-09-13). "Curtiss-Wright collaborates with Vectra AI". Intelligence Community News. Retrieved 2024-01-10.
- ^ CAI", "KENRICK. "The AI 50 2023". Forbes. Retrieved 2024-01-10.
- ^ jirehl (2024-01-16). "The Top 25 Cybersecurity Executives for 2024 | The Software Report". Retrieved 2024-01-23.
- ^ "Vectra AI unveils XDR platform with real-time attack signal intelligence". CSO Online. Retrieved 2023-12-21.
- ^ "Vectra AI Platform provides real-time attack signal intelligence". Help Net Security. 2023-08-08. Retrieved 2023-12-21.
- ^ Raynel, Tom. "Vectra AI unveils enhanced Cloud Detection Response for AWS". SecurityBrief Asia. Retrieved 2024-01-23.
- ^ "Vectra AI Joins Security Unicorn Pack at $1.2B Valuation". SDX Central.
- ^ "Vectra AI's Investors". Vectra AI's website.
Further reading
- Lawson, Craig; Nevia, Claudio. "Magic Quadrant for Intrusion Detection and Prevention Systems". Gartner.
- "Global and United States Intrusion Detection and Prevention Software Market Size, Status and Forecast 2021-2027". Kingpin Market Research. 20 September 2021.
- "Intrusion Detection and Prevention Systems (IPS) Software Market Analysis 2022: Industry Size, Share, Emerging Trends, Growth Opportunities And Forecast To 2028". Stratagem Market Insights. January 2022.