April 29, 2021
Weil advised Blackstone Growth, as lead investor, in a $130 million Series F financing for Vectra AI, Inc., a leader in threat detection and response. Existing investors also participated in the financing, increasing the company's total funding to more than $350 million at a post-money valuation of $1.2 billion.
The Weil team that advised Blackstone Growth was led by Private Equity partner Kyle Krpata and included Private Equity partner Christopher Machera and Private Equity associates Daniel Cohen, Joe Ferrari and Katherine Adams (Not Yet Admitted in New York). The team also included Tax partner Noah Beck; Tax associate Kyle Jackson; Executive Compensation & Benefits partner Amy Rubin; Executive Compensation & Benefits associate Tricia Walsh; Technology & IP Transactions partner Jeffrey Osterman; Technology & IP Transactions/Privacy counsel Caroline Geiger and Olivia Greer; Technology & IP Transactions/Privacy associate Phillip Grudzina; Regulatory Transactions counsel Timothy Welch; and Antitrust counsel Michael Naughton.