Network security start-up ExtraHop avoids and jumps to $900M exit

by RJ Shara | Jun 8, 2021 | Fundings and Exit, Startups

Bain Capital Private Equity and Crosspoint Capital Partners are buying a security service that might be beneficial as more companies find themselves with some possessions on-site and some in the cloud. The business is part of the narrower Network Detection and Reaction (NDR) market. According to Jesse Rothstein, ExtraHop’s primary technology officer and co-founder, it’s an innovation that is suited to today’s hazard landscape, “I will say that ExtraHop’s north star has always truly remained the same, and that has been around drawing out intelligence from all of the network traffic in the wire data. Max de Groen, managing director at Bain, says his business was attracted to the NDR area, and saw ExtraHop as an essential gamer. …