ExtraHop Announces Bill Ruckelshaus as New CFO

Fast-growing cybersecurity company hires experienced technology and software executive to oversee financial operations as it accelerates into cloud security market

SEATTLE — JULY 30, 2019 — ExtraHop, the leader in cloud-first network detection and response, today announced the appointment of experienced technology and software industry veteran Bill Ruckelshaus as its Chief Financial Officer (CFO). Ruckelshaus joins the company as it accelerates with more than 10x growth in cybersecurity and rapid expansion of its cloud product portfolio. He will hold a position on the ExtraHop executive leadership team, reporting to ExtraHop CEO Arif Kareem.

Ruckelshaus brings nearly three decades of experience working with high-growth companies both internally and as an external financial advisor. As CEO and President at Blucora, Ruckelshaus led the company through a major transformation to become a leading financial services and technology firm. Prior to Blucora, Ruckelshaus held CFO and COO positions with major technology companies including Expedia and AudienceScience. His experience also includes leadership roles in mergers and acquisitions at major financial institutions including Credit Suisse and Prudential. In his new role at ExtraHop, Ruckelshaus will steer the company through its next phase of hyper growth in security and the cloud.

"Bill brings a rare depth and breadth of experience to ExtraHop leading and advising high-growth technology companies," said Arif Kareem, CEO of ExtraHop. "As we continue to expand our business and gain market share in the rapidly expanding network detection and response market, Bill's operational acumen and experience accelerating growth within the industry will be invaluable. We look forward to having him on board as part of the ExtraHop team."

"Bill's depth of experience guiding companies through growth and strategic financings will be a significant asset to ExtraHop as it seeks to grow its global enterprise footprint and cement its position as a force in enterprise security," said Matt McIlwain, managing director at Madrona Venture Group and a member of the ExtraHop Board of Directors.

"ExtraHop is the rare growth company that combines exceptional innovation with operational excellence," said Ruckelshaus. "The company's accelerating growth in cybersecurity, it's recent expansion into SaaS, and the rapidly emerging network detection and response category combine to put ExtraHop on the precipice of a breakout year. It's an exciting time to join this company, and I look forward to shepherding ExtraHop through its next phase of growth."

About ExtraHop

ExtraHop is on a mission to arm security teams to confront active threats and stop breaches. Our Reveal(x) 360 platform, powered by cloud-scale AI, covertly decrypts and analyzes all cloud and network traffic in real time to eliminate blind spots and detect threats that other tools miss. Sophisticated machine learning models are applied to petabytes of telemetry collected continuously, helping ExtraHop customers to identify suspicious behavior and secure over 15 million IT assets, 2 million POS systems, and 50 million patient records. ExtraHop is a market share leader in network detection and response with 30 recent industry awards including Forbes AI 50, Cybercrime Ransomware 25, and SC Media Security Innovator.

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ExtraHop Networks