April 29, 2021
Weil advised Blackstone, 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 was led by Private Equity partner Kyle Krpata and included Private Equity partner Christopher Machera. The team also included Tax partner Noah Beck; Tax associate Kyle Jackson; Executive Compensation & Benefits partner Amy Rubin; Technology & IP Transactions partner Jeffrey Osterman; Technology & IP Transactions/Privacy counsel Olivia Greer; Technology & IP Transactions/Privacy associate Phillip Grudzina; Regulatory Transactions counsel Timothy Welch; and Antitrust counsel Michael Naughton.