ExtraHop is a Seattle-based cybersecurity company that was founded in 2007. The company offers a range of network security products, including network traffic analysis and threat detection tools. ExtraHop's products are designed to help organizations protect their networks from cyber attacks and ensure the security of their sensitive data.
In 2021, ExtraHop was acquired by Bain Capital, a global investment firm based in Boston. The acquisition, which was announced in May 2021, was valued at $900 million. As part of the acquisition, ExtraHop will continue to operate as an independent company, with its existing management team remaining in place.
The acquisition by Bain Capital is expected to help ExtraHop expand its reach and continue to innovate in the cybersecurity space. The company plans to use the capital from the acquisition to invest in new product development, as well as to explore new markets and partnerships. ExtraHop's products are already used by a number of major organizations, including Microsoft, Salesforce, and T-Mobile, and the acquisition by Bain Capital is expected to help the company continue to grow and strengthen its position as a leader in network security.
