Rapid7 Set for Strong Expansion in Europe

Continues Record Growth with New EMEA Headquarters in the UK; New European Partners and Customers / Plans to Double Partner Base in the UK

LONDON--()--Rapid7, the leading provider of security risk intelligence solutions, today announced that it is opening its new European office, with a rapidly growing local team based in central London heralding the fast expansion of the company into the EMEA region. Committed to helping its European customers manage evolving cyber threats effectively and securely, the company expects to grow at the same rate as it has in the US, doubling its number of channel partners in the next few months, as well as doubling its sales year-on-year. As one of the fastest growing security companies worldwide, Rapid7 is building on its record success in the US with integrated vulnerability management and penetration testing solutions, Nexpose and Metasploit.

Nexpose proactively supports the entire vulnerability management lifecycle, including discovery, detection, verification, risk classification, impact analysis, reporting and mitigation of vulnerabilities. This gives organizations immediate insight into the security posture of their IT environment by conducting over 65,000 vulnerability checks for more than 16,000 vulnerabilities. Metasploit® Pro complements this, enabling defenders to respond to the changing threat landscape by identifying and understanding security holes in their enterprise infrastructure.

“The recent high-profile data breaches have demonstrated that there is no such thing as a security perimeter anymore,” commented Mike Tuchen, president and CEO of Rapid7. “Hackers are prevalent and to protect themselves from attacks, organizations need to make sure that there are no vulnerabilities in their IT systems. Just installing a firewall and anti-virus solution simply isn’t good enough. We’re seeing considerable demand in the UK and across Europe for solutions that let you assess where your security risks lie, and then help you identify the right mechanisms to secure your IT infrastructure. We have been spearheading this move in the US and are now bringing our pioneering solutions to help UK organizations address the complex security challenges they face, especially as they move into more virtualized environments.”

“Rapid7 launching in Europe is a logical next step as their penetration testing solution Metasploit Pro is already the de facto standard for the industry. We use it as part of our ongoing vulnerability management program for both internal and external penetration testing, and we work closely with a number of PCI Qualified Security Assessors and professional penetration testers who all use Metasploit too,” said Marc White, Head of Security and Compliance at Commidea, a Rapid7 UK customer. “As far as we’re concerned, the ease of use, accuracy and breadth of the exploit database makes Metasploit second to none and we’re excited to see Rapid7 in the UK.”

“British companies of all sizes and in all industries need security risk intelligence to understand their security posture. Our freeware model means that we can harness the strength of the open community to build the best technology in the market, and our penetration testing platform Metasploit Pro already uses the world's largest database of public, tested exploits. We pride ourselves on having the most accurate risk intelligence solution, and we are excited about bringing it to Europe,” added Michael Burns, VP Regional Sales, EMEA.

Rapid7 recently announced its ninth consecutive record quarter with 74% overall growth globally. Rapid7’s products are already being used by more than 1,600 enterprises – including more than 35 customers in the UK such as Gala Coral and Commidea – and government agencies. Its free products are downloaded more than one million times per year, with over 125,000 security community users and contributors.

Rapid7 has recently signed 15 new channel partners in Europe, including seven partners in the UK, and is actively recruiting more, as well as building a 10-strong direct sales team by the end of the year. The London-based European operation will support customers and partners across the UK and EMEA, working with local partners including Calibre Networks, CY4OR, Okta8 and Provangel.

About Rapid7

Rapid7 is the leading provider of security risk intelligence solutions. Rapid7's integrated vulnerability management and penetration testing products, Nexpose and Metasploit, empower organizations to obtain accurate, actionable and contextual intelligence into their threat and risk posture. Rapid7's solutions are being used by more than 1,600 enterprises and government agencies in more than 65 countries, while the Company's free products are downloaded more than one million times per year and enhanced further by over 125,000 security community users and contributors. Rapid7 has been recognized as one of the fastest growing security companies worldwide by Inc. Magazine and is backed by Bain Capital Ventures. For more information about Rapid7, please visit http://www.rapid7.com.

About Nexpose

Nexpose proactively supports the entire vulnerability management lifecycle, including discovery, detection, verification, risk classification, impact analysis, reporting and mitigation. This gives organizations immediate insight into the security posture of their IT environment by conducting over 65,000 vulnerability checks for more than 16,000 vulnerabilities. The solution leverages one of the largest vulnerabilities databases to identify vulnerabilities across networks, operating systems, databases, Web applications and virtual assets. Risk is classified based on real exploit intelligence combined with industry standard metrics such as CVSS, as well as temporal and weighted risk scoring. Nexpose provides a detailed, sequenced remediation roadmap with time estimates for each task. Nexpose is used to help organisations improve their overall risk posture and security readiness as well as to comply with mandatory regulations, including security requirements for PCI, HIPAA, ARRA HITECH ACT, FISMA (including SCAP Compliance), Sarbanes-Oxley (SOX) and NERC CIP. To learn more about Nexpose or for a free trial, visit www.rapid7.com/products/vulnerability-management.jsp.

About Metasploit

Metasploit Pro helps enterprise defenders prevent data breaches by efficiently prioritizing vulnerabilities, verifying controls and mitigation strategies, and conducting real-world, collaborative, broad-scope penetration tests to improve your security risk intelligence. Metasploit Pro is based on the Metasploit Framework, the most widely used and mature penetration testing solution in the market with more than one million unique downloads and the world's largest, public collection of quality-assured exploits. In addition to Metasploit Pro, Rapid7 also offers Metasploit Express as an entry-level option for vulnerability verification and penetration testing. With a reduced feature set from Metasploit Pro, Metasploit Express is optimised for security professionals who need an accessible and affordable penetration testing solution to verify the findings of their vulnerability scanners without extensive training. To learn more about Metasploit or for a free trial, visit www.rapid7.com/downloads/metasploit-pro.jsp.

About Commidea

Commidea is part of the Point Group of companies. Point is the leading European provider of electronic payment solutions and supports over 250,000 clients in the Nordics, Baltics and the UK through the provision of innovative and secure card payment solutions. Every day more than 10 million secure card transactions are handled through Point solutions. The Group manages more than 530,000 payment devices and customers range from large high street retail names to small independents, award winning e-commerce sites and many leading mail order companies. Point also operates an installed base of more than 5,000 ATMs in the region. The Group is present in the UK, Ireland, Denmark, France, Finland, Norway, Sweden, Iceland, Latvia, Estonia and Lithuania and employs over 800 staff.

Commidea has built an enviable reputation for reliability, innovation and excellence and has developed the Ocius portfolio of Chip and PIN solutions which have been pre-certified by the banking community. Ocius Sentinel was the UK’s first PA-DSS certified solution to offer point-to-point encryption enabling fast and secure processing. Working with a network of business partners throughout the UK, Commidea delivers a managed, PCI DSS certified, multi-channel payment solution to all sizes of business. Commidea also supports many of the country’s leading specialist distributors and system integrators.

Contacts

SHIFT Communications for Rapid7
Amanda Munroe, 617-779-1816
press@rapid7.com

Contacts

SHIFT Communications for Rapid7
Amanda Munroe, 617-779-1816
press@rapid7.com