ExtraHop gears up for market growth with $100m funding

ExtraHop has secured $100m in growth capital from a mix of new and existing investors, propelling it towards $200m in ARR. 

This financial boost is expected to be finalised in early 2024, subject to customary closing conditions.

Greg Clark, CEO, ExtraHop, and Managing Partner, Crosspoint Capital Partners, said: “We believe this investment will further accelerate the company’s roadmap as it delivers essential tools to combat today’s modern threats.”  

Enhancing its leadership, ExtraHop has also added Marc Andrews as CRO and Kanaiya Vasani as CPO.

Andrews, formerly of Symantec and Blue Coat Systems, and Vasani, with experience from Infoblox, Juniper Networks, and Terayon Communications, are set to drive growth in the NDR market.