2011 Press Releases

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Rapid7 Recognized by Inc. Magazine as One of the Fastest Growing Companies in America for Third Year in a Row

Leading Security Risk Intelligence Company Boasts 3-Year Sales Growth of 307 Percent

Boston, MA. - August 24, 2011 - Rapid7, the leading provider of security risk intelligence solutions, today announced that it has been ranked as one of the fastest growing companies in America for the third consecutive year by Inc. Magazine on its annual Inc. 5000 list, an exclusive ranking of the nation's fastest-growing private companies. This year, Rapid7 ranked No. 997 overall with a 3-year sales growth of 307 percent, in addition to its recognition as the No. 20 ranking among security companies and No. 23 ranking in the annual listing of companies in the Boston Metro area.

"Rapid7 believes organizations need real security risk intelligence to provide the insight they need to face the increasing threat of data breaches. We take an innovative, holistic approach to addressing this need, enabling us to go from strength to strength and build a leading position. We're delighted to see this recognized by Inc. 500 for the third year running," said Mike Tuchen, president and CEO of Rapid7.

Rapid7 recently reached its ninth consecutive record quarter in Q2 2011 with 74 percent overall growth in revenue over the same period in 2010, in addition to a 34 percent employee increase during the last quarter alone. Overall, from 2009-2010, the Company boasted 71.3 percent revenue growth. Also looking to continue its international expansion, the Company has accelerated activity with 35 new channel partners worldwide and the launch of a new local team in the UK.

In addition, Rapid7 remains focused on continuing to build upon its industry innovation and thought leadership. Over the past year, the Company has founded the UNITED Security Summit and introduced a multitude of advanced enterprise capabilities to both its popular vulnerability management solution, Nexpose, and the market-leading penetration solution, Metasploit® Pro.

Rapid7 has also deepened its community involvement with a sponsorship and partnership of w3af, a sponsorship of Openwall’s "John the Ripper" project and the launch of the Magnificent7 open source investment fund program.

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 2,000 enterprises and government agencies in more than 65 countries worldwide, 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 by Inc. Magazine and as a “Top Place to Work” by the Boston Globe. The Company is backed by Bain Capital Ventures and Technology Crossover Ventures. For more information about Rapid7, please visit http://www.rapid7.com.

About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.

Awards
Rapid7 named a Most admired Startup company by Boston Business Journal SC Magazine Finalist Deloitte Fast 500 Award Logo ASC Award inc500 Award Logo 2009 Redherring Winner Logo 2009 Best Prodcuts Logo 2009 Tomorrow Tech Logo 2009 GPE Awrads Logo Finalist Hot Companies 2009 Logo Rapid7 Star100 Revised Graphic SC Award Nominee 2008 Nominee 2008 Global Exeellence SC Awards 2007 Finalist Hot Companies of 2007 Customer Trust Logo Hot Company 2006 Logo SC 2006 Awards Winner