SAN JOSE, CA and ZURICH, SWITZERLAND--(Marketwired - Sep 23, 2015) - Vectra® Networks, the leader in real-time detection of in-progress cyber-attacks, today announced the completion of its initial European business expansion following 12 months of accelerated sales growth and adoption of its innovative Advanced Persistent Threat (APT) solution. Vectra has established a dedicated European presence, with a local headquarters based in Pfaffikon, Switzerland, a logistics hub in Amsterdam, and a dedicated European leadership team.
Vectra Networks has redefined security with its software platform that instantly identifies cyber attacks while they are happening, as well as what the attacker is doing. Vectra software prioritizes attacks that pose the greatest business risk, enabling organizations to quickly decide where to focus their time and resources. Vectra uses data science, machine learning and behavioral analysis to detect attacks on every device, application and operating system.
The company has achieved strong financial and sales performance, and key business achievements over the past year, earning recognition from prestigious industry groups, publications, analyst firms and awards programs. The company has also seen growth in its channel activities, signing new resellers to support its European expansion.
Business highlights for the year include:
Customer deployments passed 120 worldwide
Vectra Networks established sales and technical teams for the UK, Germany, Austria and Switzerland, with a dedicated European management team
Appointment of Gerard Bauer as vice president for EMEA, bringing deep experience gained through senior roles at Riverbed Technologies and NetApp
Winning the Gold Award for Tech Start Up of the Year alongside three other American Business Awards recognizing product and technology innovation
Vectra Networks also recently published its second edition of the Post-Intrusion Report that showed a surge in indicators of cyber attackers spreading throughout networks
"Vectra Networks is a promising next step toward a more secure infrastructure," said Tony Palmer, senior lab analyst at Enterprise Strategy Group. "It automatically triages threat detections, and intuitively guides security professionals to the most urgent, highest-risk infections. Any organization that wants to increase its overall level of cyber security would be well served to take a closer look at Vectra Networks."
Customers that use Vectra Networks' software include leading Internet services such as Pinterest, enterprise technology vendors including Riverbed, healthcare provider Jackson Health System, and utility operator Tri-State Generation and Transmission Association.
"Solutions such as firewalls, intrusion prevention system (IPS) and intrusion detection systems (IDS) guard you only so far," said Connie Barrera, CISO of Jackson Health System. "Once a hacker has gotten in, we as users are often blind to what's happening. The Vectra Networks solution enables me to see the end-to-end process of how attacks happen from initial inception through to the end game, and then take decisive action. It is the missing link in our security strategy."
The company recently introduced its scalable architecture enabled by the new S-series sensor. Vectra is the industry's first threat detection platform that extends automated real-time cybersecurity scanning and visibility into all corners of an organization, including previous blind spots such as remote sites and internal network segments.
"We're delivering a disruptive new approach to network security, automating threat management and simplifying the detection of threats before they result in the loss or destruction of data," said Gerard Bauer, vice president of EMEA at Vectra Networks. "The last year has uniquely positioned us to capture an even greater share of the global security and APT market, and our expansion into EMEA will ensure that we can effectively support customers globally."
About Vectra Networks Vectra Networks™ is the leader in real-time detection of in-progress cyber attacks. The company's automated threat-management solution continuously monitors internal network traffic to pinpoint cyber attacks as they happen. It then 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. Vectra's investors include Khosla Ventures, Accel Partners, IA Ventures and AME Cloud Ventures. The company's headquarters are in San Jose, Calif., and it has European operations in Zurich. More information can be found at www.vectranetworks.com.
Note 1 - Gartner, "Cool Vendors in Security Intelligence, 2015," by Ray Wagner, et al, April 24, 2015.
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