Vectra Networks, a US-based company that detects and prioritises cyberattacks in real-time, has received $25m in series C funding in a round featuring semiconductor company Intel and networking equipment producer Juniper Networks.
In addition to Intel Capital and Juniper, which invested through the Junos Innovation Fund, the oversubscribed round also featured venture capital firms Accel Partners, which led the round, Khosla Ventures, IA Ventures and AME Cloud Ventures.
Vectra recently launched its X-series platform, which detects cyberattacks at any stage across a wide range of devices and operating systems. The platform prioritises attacks to reduce response times to the biggest risks.
The new capital will fund the acceleration of research and development, and sales and marketing, and will help meet growing product demand. Eric Wolford, partner at Accel Partners, will join Vectra’s board in conjunction with the funding.
Vectra previously raised $500,000 in seed funding in 2010, $5.3m in a 2012 series A round and $12m in a series B round in August 2013 .