Seattle-based cybersecurity company ExtraHop is filling out its C-suite after its acquisition by two private equity firms last year.
In late August, the firm announced Matt Parson as the company's new chief financial officer, Christine Nurnberger as chief marketing officer, Lauren Zajac as chief legal officer and John Hoffman as chief people officer. The news follows the appointment of Patrick Dennis, formerly the CEO of the customer experience software company Alvaria, as CEO in February to replace Arif Kareem, who retired.
"We are here to reinvent a market, and the knowledge, industry expertise and skills of these new leaders, added to our dynamic team of existing executives, will help accelerate ExtraHop into our next phase of growth and capitalize on this incredible opportunity," Dennis said in a release.
Parson was previously the CFO at Redmond-based bill payment company Paymentus, where he spent about two years, according to his LinkedIn page. Paymentus went public on the New York Stock Exchange in May 2021. ExtraHop said in its release Parson will have "an eye toward bringing public-market discipline to ExtraHop." An ExtraHop spokesperson said Parson is replacing Bill Ruckelshaus, who left the company in June.
ExtraHop, which was founded in 2007, focuses on a subset of cybersecurity called network detection and response, which helps clients find bad actors on their networks. Its clients include The Home Depot and Ulta Beauty. The company was acquired by Bain Capital Private Equity and Crosspoint Capital Partners for $900 million in a deal that closed July 2021.
At the time of the acquisition, ExtraHop co-founder and Chief Technology Officer Jesse Rothstein said an IPO was still a very real possibility. Dennis, meanwhile, at the time of his appointment said ExtraHop is focused on building a strong company and letting the liquidity options take care of themselves.
"Markets do things, and I don't control them," Dennis said in February.
Nurnberger is joining ExtraHop from the business payment company Bottomline Technologies, where she spent about eight years, according to ExtraHop, which added that Zajac spent the past 15 years at the employee recognition platform Workhuman.
Hoffman is joining ExtraHop from Alvaria. His LinkedIn page shows he spent three years there and was the chief people and productivity officer. Hoffman overlapped at Alvaria with Dennis, who was the CEO at the company for less than a year.
