Announced
Completed
Financials
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Tags
Friendly
Domestic
Single Bidder
Completed
Acquisition
Venture Capital
Minority
Private
Software
infrastructure software
United States
Private Equity
artificial intelligence
Synopsis
Blackstone led a $130m funding round in Vectra AI, a provider of threat detection and response. "Over the past year, we have witnessed a continuous series of the most impactful and widespread cyberattacks in history. To protect their employees and digital assets, our customers require security solutions that are smarter than today's adversaries and provide coverage for cloud, data centers and SaaS applications. As we look to the future, Blackstone's global presence, operational resources, and in-house technology expertise will help us achieve our mission to become one of the dominant cybersecurity companies in the world," Hitesh Sheth, Vectra President and CEO.
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