ExtraHop raises $100M in fresh capital for NDR business

ExtraHop has secured $100 million in growth capital from existing investors in a transaction that is expected to close in early 2024, subject to customary closing conditions.  

“ExtraHop is poised to be one of the next revolutionary businesses in this new era of cybersecurity, and this new infusion of capital will help the company build on its recent success and scale to new heights,” said Greg Clark, CEO of ExtraHop and managing partner at Crosspoint Capital Partners. 

Clark said ExtraHop, the expertise of which is in cloud-native network detection and response (NDR), is committed to building upon its heritage of developing groundbreaking technology to help customers better manage and mitigate their cyber risk.

“We believe this investment will further accelerate the company’s roadmap as it delivers essential tools to combat today’s modern threats,” he added.