June 09 - 08:06
Cybersecurity firm Extrahop to be acquired for $900m
Cloud-native network detection and response (NDR) company ExtraHop is to be acquired by Bain Capital and Crosspoint Capital in a $900m deal. According to research from IDC, ExtraHop is among the top three players in NDR, the second fastest growing segment of the cybersecurity market. ExtraHop is the first dedicated investment made from Bain Capital Fund XIII, its $11.8bn private equity fund.
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