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Announced

Completed

Blackstone led a $130m funding round in Vectra AI.

Financials

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Transaction Value£93m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Domestic

Single Bidder

Completed

Acquisition

Venture Capital

Minority

Private

Software

infrastructure software

United States

Private Equity

artificial intelligence

Synopsis

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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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