Bain Capital is a leading investor in technology companies and one of the world's top multi-asset alternative investment firms. Crosspoint Capital is a private equity firm focused on cybersecurity, privacy, and infrastructure software sectors.
ExtraHop CEO Arif Kareem and co-founders Jesse Rothstein, CTO, and Raja Mukerji, chief customer officer, will continue in their respective roles. Rothstein and Mukerji will also remain as significant investors in the Company.
“Organizations today face an array of incredibly sophisticated cyber attacks with diverse motivations that run the gamut from theft of sensitive personal and business data to illicit profit. Attackers have long had the advantage, and we’re on a mission to change that,” said Kareem. “By combining our exceptional team, market need, and technology with the deep domain expertise and resources of Bain Capital and Crosspoint Capital, ExtraHop has the opportunity to grow faster and accelerate our innovation to help our customers defend their operations from even the most advanced threats.”
The transaction is expected to close in the summer of 2021 and is subject to customary closing conditions, including receipt of regulatory approvals.
For more information, go to www.extrahop.com.