SEATTLE – MAY 24, 2021 – ExtraHop, the leader in cloud-native network detection and response, and SYNNEX Westcon LATAM, an integral part of the SYNNEX Corporation (NYSE: SNX), a leading provider of distribution, systems design, and integration services for the technology industry, today announced a new distribution agreement, to bring ExtraHop to the Latin America (LATAM) region. SYNNEX Westcon will execute go-to-market strategies for ExtraHop, providing transactional and operational support for existing channel partners, as well as bringing in new partners to advance the company's geographic footprint.
According to research from Statista, the cybersecurity marketing in LATAM is growing at 13.8 percent CAGR and expected to top $26 billion by 2025. Through the partnership with SYNNEX Westcon, ExtraHop will accelerate its growth and expansion in the region, delivering faster access to best-in-class network detection and response (NDR) for organizations in countries such as Mexico and Brazil, which have been heavily targeted by cyber attackers.
The ExtraHop Reveal(x) 360 platform secures enterprises from ever-increasing advanced threats with cloud-native network detection and response. Reveal(x) provides complete east-west visibility, real-time threat detection inside the perimeter, and intelligent response at scale to help security organisations stay ahead of the advanced threats like supply chain attacks, zero days, and APTs. ExtraHop is rated as a top three vendor with the analyst firm, IDC, which estimates ExtraHop's growth outpacing the category overall, with 42 percent year-over-year growth.
"ExtraHop has established itself as a leader in one of the fastest growing cybersecurity market segments," said Otavio Lazarini, Senior Vice President, SYNNEX Westcon-Comstor Latin America. "The company's strong track record of growth and innovation in NDR, as well as demonstrated commitment to delivering value to its global channel partners, make it an ideal partner for SYNNEX Westcon to enhance its security portfolio in LATAM."
The distribution agreement with SYNNEX Westcon allows channel partners across Latin America to offer and sell ExtraHop to their customers. This approach will accelerate and extend ExtraHop's presence in the region, targeting key vertical industries including telecommunications, information technology, finance, and natural resources with channel partners that provide regional as well as security- and industry-specific expertise.
"Latin America presents an exciting market opportunity for ExtraHop as we continue to rapidly expand our global footprint," said Todd DeBell, Director of Channel Sales for the Americas at ExtraHop. "Demand for cybersecurity solutions is growing as both public and private sector organizations look for ways to extend security skill sets, improve SOC efficiency, and defend against increasingly advanced threats. Westcon's regional expertise and deep channel relationships provide an important beachhead for ExtraHop as we expand our operations in the region."
To try ExtraHop Reveal(x) 360 for yourself, visit our interactive online demo: www.extrahop.com/demo
About SYNNEX Corporation
SYNNEX Corporation (NYSE: SNX) is a Fortune 200 corporation and a leading provider of a comprehensive range of distribution, systems design and integration services for the technology industry to a wide range of enterprises. Founded in 1980, SYNNEX Corporation operates in numerous countries throughout North and South America, Asia-Pacific and Europe. Additional information about SYNNEX may be found online at www.synnex.com.