With the trend of growing cybercrime showing no indication of abating, a startup called Vectra that has built an artificial intelligence-based system called Cognito to detect cyberattacks and mobilise security systems to respond to them has raised $36 million to expand its R&D and business development. This Series D comes on the back of a strong year for the startup, with 181 percent growth in customer subscriptions between 2016 and 2017, and Vectra’s CEO Hitesh Sheth said he expects the same this year.

Read full news article on TechCrunch