Wipro Ventures which has so far invested in at least half a dozen early stage startups, has now picked up a minority stake in Silicon Valley-based cyber security startup Vectra Networks for an undisclosed amount of investment. Wipro Ventures is the $100-million venture capital arm of Indian software exporter Wipro, that invests in a range from anywhere between $1 million – $10 million.
Founded in 2011, Vectra 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. It is backed by investors likes Khosla Ventures, Accel Partners, Intel Capital and DAG Ventures.
Wipro Ventures has previously invested in 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 invested in Silicon Valley based Trifacta, a leading provider of data wrangling software that enables non-technical users to easily transform data for analysis.