Vectra Networks, a San Jose, Calif.-based provider of a platform for real-time detection of cyber attacks, received $25M in Series C financing.
The round was led by Accel Partners with participation from existing investors Khosla Ventures, IA Ventures and AME Cloud Ventures, and new investors Intel Capital and Juniper Networks, through its Junos Innovation Fund. In conjunction with the funding, Eric Wolford, partner at Accel Partners, joined Vectra Networks’ Board of Directors.
The company intends to use the funds to accelerate research and development, sales and marketing efforts.
Led by Hitesh Sheth, CEO, Vectra Networks delivers continuous automated cyber attack detection and reporting that identifies attacks while they are happening and describes what the attacker is doing. It automatically prioritizes attacks that pose the greatest business risk, enabling organizations to make decisions on where to focus their time and resources.
FinSMEs
05/08/2014