ExtraHop isn't just a company; it's a significant step forward in cybersecurity. Our products have become an indispensable part of our customers’ cyber defense and it is remarkable what this team has achieved. I am excited about the growth opportunity we have in front of us.
In July 2021, Bain Capital Private Equity and Crosspoint Capital Partners recognized the potential for ExtraHop to be a leader in cybersecurity when we acquired the company. As Co-Founder and Managing Partner of Crosspoint, I had a front row seat to watch ExtraHop rapidly grow from a scaled startup into an established cybersecurity powerhouse. I’d like to personally thank Patrick Dennis who has driven significant growth at ExtraHop and laid the groundwork for the company’s exciting future. I look forward to partnering closely with Patrick as he moves to an advisory role and I take on the role of CEO to drive our next phase of growth.
Crosspoint has helped many of its platform portfolio companies scale across growth horizons, and I have previously served as Executive Chair of DigiCert as well as CEO of Forescout Technologies to lead those companies through exciting inflection points. I am thrilled to work with the exceptionally talented team we have here at ExtraHop to further unlock the company’s potential and continue to deliver a highly differentiated platform to our customers.
Network detection and response has become increasingly important in cybersecurity, supported by the adoption of cloud infrastructure, the expansion in attack surface area and the increased frequency and sophistication of threats. Organizations rely on ExtraHop’s solutions as a first line of defense against the most advanced attacks in an increasingly complex threat landscape. ExtraHop’s cloud-native platform combines comprehensive visibility with the ability to detect, alert and respond to cyber threats across customer environments, no matter how complex.
The ExtraHop Reveal(x) platform delivers the strongest visibility and detection capabilities in the NDR market today, as validated by customers and leading third-party analysts. In partnership with ecosystem leaders like CrowdStrike, Splunk, Amazon Web Services and Google Cloud Security, ExtraHop provides organizations with deep technology integrations that are essential to a successful cybersecurity operations program. With the release of its latest innovations, ExtraHop also offers unparalleled protection from accidental misuse of AI as a Service (AIaaS) and generative AI tools, like OpenAI ChatGPT.
The opportunity ahead for ExtraHop is significant, and I look forward to working with our entire team to drive the product innovation that helps our customers fight cyber threats and reduce risk.