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Rapid7 Achieves Record-Breaking RevenueRapid7, a leading provider of security analytics software and services, today announced that it achieved the highest revenue for a single quarter in the company's history during the third quarter of 2014. The company's success is attributed to its continued delivery of pioneering solutions and service innovations, accelerated international growth, and community leadership, education, and support. Highlights from the third quarter of 2014 include: Customer Portfolio Expansion Rapid7 continued to be the trusted choice of security teams at organizations of all sizes across the globe. The company added hundreds of new customers across a number of vertical markets. Rapid7 also continued its impressive growth in the enterprise market by adding more Fortune 1000 customers including BMC Software Inc., Energy Future Holdings, Magellan Health, Maxim Integrated Products (News - Alert) Inc., MeadWestvaco Corporation, Kiewit Corporation, and Sally Beauty Holdings, Inc. New international customers included Mitsubishi Heavy Industries Ltd., OSRAM, Brisbane City Council, and Sterling Bank PLC. Industry-Leading Research and Security Community Support Rapid7 continued to make significant contributions to the security community in Q3 by releasing timely research about vulnerabilities and emerging threats, introducing new open-source security projects and providing technical expertise to organizations' executives and internal IT teams:
In Q3, Rapid7 launched its Global Strategic Services Practice to help security executives and teams dramatically improve their effectiveness in addressing the cyber security challenges they face today and in the future.
Solutions Innovation and Advancements In the third quarter of 2014, Rapid7 delivered new innovations across its security analytics platform, enhancing threat exposure management and incident detection and response while receiving industry recognition for its solutions' performance and growing market share. Threat Exposure Management:
Incident Detection and Response:
Partnerships with Industry Leaders In addition to enhancing its own solutions portfolio, Rapid7 advanced the state of the art for detection of sophisticated attacks and insider threats by integrating its incident detection and response solution, UserInsight, with products of key industry leaders:
Global Engineering & Development Expansion Rapid7 continued to expand its global engineering and development presence by officially opening its new office in Belfast, Northern Ireland. The development center will be responsible for designing, building, testing, and releasing software and cloud-based services, and will partner with other Rapid7 software teams based in North America. The new office will provide 75 job openings for Belfast residents and received support from local leaders, including an investment of £510,000 from Invest NI. About Rapid7 Rapid7 security analytics software and services reduce threat exposure and detect compromise for more than 3,000 organizations across 78 countries, including nearly 30% of Fortune 1000. We understand the attacker better than anyone and build that insight into our solutions to improve risk management and stop threats faster. We offer advanced capabilities and services for vulnerability management, penetration testing, controls assessment, incident detection and investigation across your assets and users for virtual, mobile, private and public cloud networks. To learn more about Rapid7 or get involved in our threat research, visit www.rapid7.com. 1 Kolodgy, Charles. "Worldwide Security and Vulnerability Management 2014-2018 Forecast and 2013 Vendor Shares." IDC Market Analysis (2014).
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