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Technology Crossover Ventures completed the $100m investment in Vectra AI.

Synopsis

Technology Crossover Ventures completed the $100m investment in Vectra AI, an automated threat management solution that monitors internal network traffic to pinpoint cyber attacks in-progress. "TCV has an extensive track record of partnering with enterprise security companies, including Rapid7 and Splunk, from growth stage to the public. In our research on the category, it became clear to us that Vectra was rapidly gaining momentum with customers by rethinking the way enterprises view both network and cloud security. The Vectra Cognito platform is poised to become requisite in the security infrastructure of multinational enterprises and midsize businesses alike," Tim McAdam, TCV General Partner and Vectra member of the board of directors.

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