ExtraHop Networks Achieves Significant Milestones One Year Following Launch

SEATTLE, WA--(Marketwire - November 30, 2009) - ExtraHop Networks, Inc., the first network-management company to deliver true application visibility, today announced that it has eclipsed all of its internally set milestones since launching its first commercial product, the ExtraHop Application Delivery Assurance system, in December 2008. The company represents one of the bright spots in Seattle's technology startup community, surpassing aggressive sales goals, securing a multi-million dollar round of strategic funding, signing a variety of new channel partners, and rounding out its team with talent from various disciplines. In addition, ExtraHop Networks recently was recognized as one of the "Best Companies to Work For" in the Favorite Startups category by NWJobs.com, the online job site of the Seattle Times.

"2009 was an extraordinary year for ExtraHop Networks on every front," said Jesse Rothstein, co-founder and CEO of ExtraHop Networks. "We released the 2.0 version of our groundbreaking Application Delivery Assurance system, introduced our new 10GbE platform, raised a $5-million Series A round of venture financing in a very challenging economic environment, and earned a stellar list of customers. Our hard work in 2009 really has paid off, and we have some exciting projects in the works for 2010."

Corporate highlights for 2009 include the following achievements:

--  Unheralded Product Innovation -- Version 2.0 of the ExtraHop
    Application Delivery Assurance system represents the industry's only 10GbE
    solution for integrated network and application visibility. For the first
    time, enterprise organizations have deep visibility into the critical
    application layer of the network (L7) that other monitoring tools simply
    cannot provide.
--  Triple-Digit Sales Growth -- Despite shrinking IT budgets, dozens of
    Global 1000 enterprise companies (including Microsoft, Nintendo, McAfee,
    and Alaska Airlines) have deployed both the 1GbE and 10GbE ExtraHop
    appliance in their data centers.
--  Strategic Funding -- Led by Madrona Ventures Group, ExtraHop Networks
    closed a Series A round of $5.1M in April 2009. The round also included a
    strategic investment from Internet pioneer Marc Andreessen and former CEO
    of Opsware, Ben Horowitz.
--  Expansion of Sales Channel and Internal Team -- During the course of
    2009, the company expanded its North American sales channel by signing
    agreements with more than 15 channel partners. ExtraHop Networks is engaged
    on all levels with these partners, from joint marketing and sales calls to
    enablement and support. In addition, ExtraHop Networks more than doubled
    its staff during 2009 in the critical areas of sales, product development,
    and customer support.
    

About ExtraHop Networks

ExtraHop Networks, Inc. was founded in early 2007 by Jesse Rothstein and Raja Mukerji, engineering veterans from F5 Networks and architects of the BIG-IP v9 product. The company's pioneering Application Delivery Assurance system is the industry's first completely passive network appliance that provides application-level visibility with no agents, configuration, or overhead. The privately held company is headquartered in Seattle, Washington, and funded by Madrona Venture Group and other private investors.

Contact Information: For press and analyst inquiries, please contact Robert Nachbar (206) 427-0389