Vectra closes strongest quarter in company history
Accelerated demand to secure cloud-based applications propels momentum
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network detection and response (NDR), today reported that in calendar 2020, sales continued to grow at a compound annual rate exceeding 100 percent and sales of Cognito Detect™ for Microsoft Office 365 accelerated, growing at a rate of 340 percent. These trends were driven in part by the rapid adoption of O365 productivity applications such as Microsoft Teams and heightened cybersecurity concerns in the wake of numerous high-profile attacks in 2020.
The positive results topped an impressive year for Vectra, which took a leading role in securing many organizations fighting the COVID-19 pandemic and continued to accelerate global expansion initiatives.