ExtraHop
Facts
- HQ
- Seattle, Washington, US
- Sectors
- Computer and Network Security
- Founded
- 2007
- Employees
- 774
- Stage
- private-equity-owned
GeekWire Names mpathic, ElastixAI, Dropzone AI, Dopl Technologies, and Loopr AI as 2026 Startup of the Year Finalists
The 2026 GeekWire Awards Startup of the Year finalists include mpathic, ElastixAI, Dropzone AI, Dopl Technologies, and Loopr AI, representing innovations from AI safety to robotic ultrasounds. The event will be held on May 7 in Seattle, with voting open for selecting the winner.
Seattle Data Governance Startup Codified Winds Down as CEO Yatharth Gupta Joins Google
Seattle data governance startup Codified is winding down as its founder and former CEO, Yatharth Gupta, takes a new role as director of product management at Google. The company, which raised $4 million in seed funding in February 2024 and developed AI-driven data access controls, provided no further details on the shutdown.
Seattle Startup Dropzone AI Raises $37M Series B to Scale AI SOC Analyst Security Software with 100+ Enterprise Clients
Seattle startup Dropzone AI raised $37 million in a Series B round to advance its AI-powered SOC analyst software aimed at reducing security alert fatigue. The company serves over 100 enterprise clients and claims superior false negative and positive rates while competing with tech giants like Microsoft and Google.
Seattle Startup Potato Raises $4.5M to Develop AI and Robotics for Fully Automated Scientific Experiments
Seattle startup Potato raised $4.5 million to develop AI-driven automation for scientific research, aiming for fully autonomous experiments using AI assistants and robotics. They currently offer a platform assisting hypothesis generation and protocol creation, planning to expand into robotic lab work in partnership with Ginkgo Automation.
Dropzone's Edward Wu on Solving Security's Biggest Bottleneck
The security industry has a math problem: 12 million job postings, only 7 million qualified professionals. The solution? AI. Edward Wu spent nearly a decade at ExtraHop, pioneering AI-driven security detection. But instead of just alerting security teams about potential threats, he saw a bigger opportunity — what if AI could act as an actual security analyst? That question led to Dropzone, a company that's not just throwing AI at security but strategically using it to solve one of the most overwhelming problems in the industry — alert fatigue. In this episode of Founded & Funded, Edward and Partner Vivek…
Esper Appoints Bill Glenn Glen as New SVP of Marketing to Lead Global Expansion
Esper has appointed Bill Glenn Glen as its new Senior Vice President of Marketing to lead global marketing and demand generation efforts, leveraging his experience from ExtraHop.
Pioneer Square Labs Assembles Expert Technical Advisory Board Featuring Seattle Tech Leaders to Support Early-Stage Startups
Pioneer Square Labs has formed a new Technical Advisory Board comprising leading technology researchers, executives, and startup veterans to support its early-stage startups, with a focus on AI and technology innovation. The board includes prominent figures from the University of Washington, Microsoft, Google, and other notable tech companies.
Seattle Startup Dropzone AI Raises $16.8M Series A to Develop AI-Powered Autonomous Cybersecurity Agents
Seattle startup Dropzone AI raised $16.8 million in a Series A round to develop AI-driven autonomous agents that assist Security Operations Centers by automating repetitive cybersecurity tasks. Founded 14 months ago by Edward Wu, the company uses large language models to augment human analysts amid rising cybersecurity challenges related to AI technologies.
Former Microsoft Exec Yatharth Gupta’s Codified Raises $4M Seed to Advance AI-Powered Data Governance
Seattle startup Codified, founded by former Microsoft executive Yatharth Gupta, raised a $4 million seed round led by Madrona Venture Group to develop an AI-driven data governance platform. The company aims to simplify and improve internal data access management by enabling users to create data access rules in plain English, addressing industry challenges around data access complexity and security.
Seattle Startup Dropzone AI Raises $3.5M Seed Round to Develop Autonomous AI Security Agents
Seattle startup Dropzone AI raised $3.5 million in a seed round led by Decibel Partners to develop autonomous AI security agents that assist human analysts in cybersecurity tasks. Founded by Edward Wu, the company leverages large language models to improve event investigation amid rising security challenges from AI advancements.
ExtraHop Hires Four New Executives After $900M Bain Capital Acquisition; Madrona and USAFacts Also Name Key Leaders
Seattle-based cybersecurity company ExtraHop, recently acquired for $900 million by Bain Capital and Crosspoint Capital, appointed four new executives including CFO Matt Parson and CMO Christine Nurnberger. Other regional tech moves include Madrona Venture Group hiring a new managing director and USAFacts appointing Michelle Broderick as CMO.
GeekWire: Pacific Northwest records 55 exits and 282 VC deals this year, including Rad Power Bikes’ $154M round
GeekWire reports a surge in deal activity across the Pacific Northwest this year, tracking 55 acquisitions, SPACs, IPOs and private equity buyouts and 282 venture financings (nearly one per day). Notable transactions include Nintendo’s Jan. 5 acquisition of Next Level Games, BitTitan’s sale to Idera, and Rad Power Bikes’ $154 million funding round.
Yousuf Khan and Palvi Mehta Address Cloud Cost Overspending Challenges in Growing IT Environments
The article by Yousuf Khan and Palvi Mehta discusses the challenges CIOs face in predicting cloud resource costs as workloads move to the cloud, emphasizing the need for long-term cost prediction and management strategies. It highlights the growing complexity and unpredictability of cloud spending and the emergence of startups offering solutions to address these issues.
Bain Capital and Crosspoint Capital to buy Seattle cybersecurity firm ExtraHop for $900 million; founders stay
Private equity firms Bain Capital and Crosspoint Capital will acquire Seattle cybersecurity startup ExtraHop for $900 million; the 14-year-old company, with about 1,000 customers and 500+ employees, reported $100 million ARR and expects 40% growth this year. Founders and current leaders will remain, the deal aims to accelerate growth and is expected to close this summer.
Former Rover CTO Scott Porad named Dolly’s first CTO as Dolly plans headcount, sales expansion; Regi Vengalil to become Metromile CFO in May
Scott Porad, former Rover CTO, has joined Seattle peer-to-peer moving app Dolly as its first chief technology officer as the startup plans to double headcount and sales; Regi Vengalil will leave Egencia in May to become CFO of Metromile, a pay-per-mile insurer.
Startup Haven launches Startup Haven Ventures, adds Westerdal, Yu and Mbemba; PSL promotes three; Adam Selipsky named AWS CEO
Startup Haven, founded by Bob Crimmins, launched Startup Haven Ventures and expanded its team to include Jay Westerdal, Arry Yu and Claudius Mbemba; the fund targets pre-seed, capital-efficient companies with a Pacific Northwest focus and made its first investment in Verdi. Seattle’s Pioneer Square Labs promoted Palvi Mehta, David Zager and Ben Gilbert; separately, Tableau CEO Adam Selipsky will become AWS CEO, replacing Andy Jassy.
Nautilus Biotechnology hires ex-Smartsheet, Isilon and GenapSys leaders as it scales proteome platform after $76M Series B
Nautilus Biotechnology, a stealthy startup co-founded by Sujal Patel and Parag Mallick, has hired three senior executives — Chris Blessington, Anna Mowry, and Subra Sankar — to expand its team and accelerate development of a platform to quantify the human proteome after a $76 million Series B.
Pandemic Accelerates Adoption of Enterprise Software in Seattle, Boosting Cloud and Cybersecurity Startups
The COVID-19 pandemic is accelerating adoption of enterprise software in the Seattle and Pacific Northwest tech scene, highlighting startups in cloud computing and cybersecurity that dominate the GeekWire 200. Analysts say enterprise cloud firms appear relatively resilient to recessionary pressures compared with consumer-facing startups, though risks remain if businesses cut spending.
SBA data: Seattle startups Rover, ExtraHop, Porch, Promethean and Logic20/20 each received $5–$10M in PPP loans
The SBA released Paycheck Protection Program data showing several Seattle-area tech startups received $5–$10 million PPP loans to help during COVID-19; recipients include Rover, ExtraHop, Porch, Promethean and Logic20/20. The program has seen controversy over eligibility and forgiveness guidance, and some venture-backed startups declined loans on ethical grounds.
Pro.com lays off 52 employees as COVID-19 halts construction; CEO Matt Williams confirms WARN filing
Seattle-based Pro.com laid off 52 employees after COVID-19 halted its construction work, and the company is resuming jobs with new safety and contact-tracing measures. CEO Matt Williams said the cuts were disclosed in a Washington WARN filing and affect a company that employs about 150 people on LinkedIn.
Docugami doubles to 20 after $10M funding and keeps hiring amid widespread tech layoffs
Docugami, a Kirkland, Washington document-engineering startup, doubled its staff to 20 after a $10 million funding round in early February and continues hiring despite widespread tech layoffs. CEO Jean Paoli and new head of operations Hartley Riedner have onboarded remotely, reflecting a flipped labor market where some startups can recruit while larger firms cut jobs.
NVCA warns COVID-19 will slash venture capital and trigger widespread startup layoffs, after 30,000 cuts reported
The National Venture Capital Association warns that COVID-19 will cause a significant drop in venture capital investment, triggering more startup layoffs and a tougher fundraising environment; reports estimate 30,000 layoffs already and predict widespread workforce cuts over the next year. Impact varies by industry, with travel-related startups cutting large shares of staff while some well-funded companies fare better.
Lighter Capital lays off 22% of staff to preserve runway, trims mainly sales and marketing roles
Seattle-based alternative VC Lighter Capital cut 22% of its roughly 80-person workforce, mainly in sales and marketing, to preserve runway amid the pandemic while continuing product development and pursuing growth plans.
ExtraHop says April 22, 2020 layoffs cut staff back to end-of-2019 levels as COVID-19 hits revenue
Seattle-based security company ExtraHop carried out a reduction in force on April 22, 2020, cutting staff back to its end-of-2019 level amid COVID-19’s economic impact; the company had ended 2019 with more than 500 employees and $150 million in bookings.
Nelson Del Rio Joins Seattle Startup Blokable as Co-CEO to Advance Scalable Affordable Housing Solutions
Nelson Del Rio has joined Seattle startup Blokable as co-CEO, working alongside co-founder Aaron Holm to develop scalable modular housing solutions for affordable housing. Del Rio brings expertise in public-private partnerships and aims to transform the residential housing development process amid the ongoing housing crisis.
