[key points]

Key points

• •Vega Security raises $120M Series B to rethink cyber threat detection by running security where the data already resides, contrasting with legacy solutions like Splunk that centralize data.
• •Vega's AI-native solution aims to enable organizations to fully leverage their data for more effective incident response without the complexity and costs associated with traditional SIEM (security information and event management) systems.
• •Vega has already signed multimillion-dollar contracts with banks, healthcare companies, and Fortune 500 firms, demonstrating the effectiveness of its plug-and-play approach for immediate threat detection and response value.