Wipro Ventures Invests in Silicon Valley Based Cybersecurity Startup Vectra Networks
Wipro Ventures, the $100-million venture capital arm of Indian software exporter Wipro, has invested an undisclosed amount for a minority stake in Silicon Valley-based cyber security startup Vectra Networks. The funding amount is still undisclosed by both the firms, however Wipro's startup investments have ranged from anywhere between $1 million - $10 million.
Founded in 2011, Vectra is backed by investors like Khosla Ventures, Accel Partners, Intel Capital and DAG Ventures. The company is the leader in automated threat management solutions for real-time detection of in-progress cyber attacks. The company’s solution automatically correlates threats against hosts that are under attack and provides unique context about what attackers are doing so organizations can quickly prevent or mitigate loss. Vectra prioritizes attacks that pose the greatest business risk, enabling organizations to make rapid decisions on where to focus time and resources. In 2015, Gartner named Vectra a Cool Vendor in Security Intelligence for addressing the challenges of post-breach threat detection. The company’s headquarters are in San Jose, California.
Wipro Ventures has so far invested in at least half a dozen early stage startups including big data startup Talena, artificial intelligence startup Vicarious and Pune-based Altizon, which has built a new-age Internet-of-Things powered platform.
Just yesterday, Infosys has also made an undisclosed amount of investment in Silicon Valley based Trifacta, a leading provider of data wrangling software that enables non-technical users to easily transform data for analysis.
