HomeLatest UpdatesExtraHop Raises $100M in Growth Capital

ExtraHop Raises $100M in Growth Capital



ExtraHop

ExtraHop, a Seattle, WA-based company which specialises in cloud-native network detection and response (NDR), raised $100M in Growth Capital.

The round saw participation from undisclosed existing investors.

The company intends to use the funds to expand operations and its business reach.

Led by Greg Clark, CEO, ExtraHop provides the Reveal(x) platform that delivers 360-degree visibility for organizations to automatically discover new, rogue, and unmanaged devices, detect late-stage attack activity using machine learning (ML)-based technology, and quickly remediate threats. The company recently open-sourced its 16 million row dataset to help defend against domains generated by algorithm (DGAs) and empower organizations to strengthen defenses against malware and botnet operations. It also consolidated its partnership with CrowdStrike by offering CrowdStrike Falcon Intelligence embedded within the Reveal(x) platform.

ExtraHop added Marc Andrews as Chief Revenue Officer (CRO) and Kanaiya Vasani as Chief Product Officer (CPO) to support its next stage of growth in the NDR market.

FinSMEs

09/01/2024




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