Tuesday, August 5, 2014

Vectra Networks Raises $25M for Cyber Attack Detection

Vectra Networks, a start-up based in San Jose, California, raised $25 million in an oversubscribed Series C financing round.

Vectra Networks has developed a platform to detect attacks at every phase of an ongoing attack, regardless of how the attack enters an organization’s network. The platform continuously monitors an organization’s network and provides rapid intuitive and prioritized reporting so security analysts. Vectra uses next-generation compute architecture and combines data analytics and machine learning to detect attacks on every device, application and operating system.

The funding round was led by Accel Partners and included prior investors Khosla Ventures, IA Ventures and AME Cloud Ventures. In addition, Intel Capital and Juniper Networks, through its Junos Innovation Fund, joined the round.

“I am thrilled to have the support of Accel Partners and have Eric join the Vectra board of directors,” said Hitesh Sheth, CEO of Vectra Networks. “The reality today is that every network is breached. Advanced persistent attacks are evading existing perimeter security and threatening our digital economy. Vectra’s automated and intuitive cyber security platform empowers IT organizations to take a proactive stand against cyber attacks.”

http://www.vectranetworks.com


  • Vectra Networks is headed by Vitesh Sheth, who previously was Chief Operating Officer at Aruba Networks. Hitesh joined Aruba from Juniper Networks, where he was EVP/GM for their switching business and before that, SVP for their Service Layer Technologies group, which included security. Prior to Juniper, he held a number of senior management positions in the switching organization at Cisco Systems, including running their Metro Ethernet business.

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