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TCV backs Vectra in $100M fundraising round

Technology-focused growth equity investor TCV led a $100 million fundraising round for Vectra, which offers network detection and response solutions.

The latest funding round, which also attracted commitments from existing investors, has helped Vectra raise more than $200 million in total commitments so far.

The company will use the proceeds to speed up its global expansion, as well as for research and development innovation.