Vectra Al today announced it ranked 329th on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Vectra grew 371 percent during this period.
Vectra CFO Howie Shohet, credits the company’s growth to how its Cognito platform enables enterprise security teams to detect the behaviors of cyberattackers that have evaded other security controls to prevent loss of critical data.
“We are honored to be recognized on Deloitte’s 2021 Technology Fast 500 list”, said Shohet. “This recognition validates our customers’ adoption of AI to address the requirement to automate real-time cyberattack detection and empower threat hunting.”
“Each year the Technology Fast 500 shines a light on leading innovators in technology, and this year is no exception”, said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “In the face of innumerable challenges resulting from the pandemic, the best and brightest were able to pivot, reinvent and transform and grow. We celebrate the winning organizations and especially the talented employees driving their success.”
“The pandemic has underscored the urgent need for tech solutions in a variety of areas across health care, fintech, energy tech, entertainment, to name a few, so reliance on innovators like the winners of the Technology Fast 500 is more important than ever”, said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit & assurance practice. “These companies are not only at the cutting edge, transforming the way we do business, but most importantly, recognize the strategic importance of ongoing innovation, especially in the ever-changing world of technology.”
“Software, which accounts for nearly two of every three companies on the list, continues to produce some of the most exciting technologies of the 21st century, including innovations in artificial intelligence, predictive analytics and robotics”, said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “This year’s ranking demonstrates what is likely a national phenomenon, where many companies from all parts of America are transforming the way we do business by combining breakthrough research and development, entrepreneurship and rapid growth.”
About the 2021 Deloitte Technology Fast 500™
Now in its 27th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2017 to 2020.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About Vectra Al
Vectra is the global market leader in Network Detection and Response (NDR) solutions, which provide real-time threat detection and response to network traffic for cloud, SaaS, data center and enterprise infrastructures.
The world's largest financial institutions, manufacturers, universities, energy, technology, software, and media companies plus federal agencies, service providers, educational institutions and healthcare organizations use Vectra cybersecurity solutions.
Vectra Al customers immediately detect and respond to cyberattacks in the cloud, data center, IoT, and enterprise with Vectra AI driven network detection. They increase efficiency up to 90% by automatically analyzing users, devices and their traffic, and prioritizing alerts.
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