Rapid7, Inc. (NASDAQ: RPD) is a cybersecurity company founded in 2000 by Alan Matthews, Chad Loder, and Tas Giakouminakis. Headquartered in Boston, Massachusetts, the company provides security analytics and automation solutions helping organizations detect and respond to threats.
Products and Platform
Rapid7 is known for both commercial products and open-source contributions to the security community.
InsightVM provides vulnerability management with live dashboards and remediation workflows. InsightIDR is a cloud SIEM and XDR for threat detection and response. InsightConnect handles security orchestration, automation, and response (SOAR). InsightCloudSec covers cloud security and compliance management.
On the open-source side, Metasploit is the world’s most widely used penetration testing framework, and Velociraptor provides digital forensics and incident response capabilities.
Rapid7 acquired Metasploit in 2009, and it has become one of the most important tools in offensive security, used by penetration testers and red teams worldwide.
Financials
Rapid7’s 2024 annual revenue was $844 million with 9% year-over-year growth. ARR stands at $840 million, free cash flow exceeds $150 million, and the company serves more than 11,000 customers. Market cap is approximately $1 billion. Rapid7 went public on NASDAQ in 2015.
Industry Standing
Rapid7 serves organizations across all industries, with particular strength in mid-market companies. The combination of commercial products and open-source tools gives the company a unique footprint. Metasploit alone has millions of users globally. Rapid7 also operates a research team that regularly publishes vulnerability disclosures and contributes to the broader security community.