Close
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Cybersecurity
    • Cybersecurity

    Rapid7 Raises $30 Million, Aims to Make Attacks More Expensive

    By
    Sean Michael Kerner
    -
    December 17, 2014
    Share
    Facebook
    Twitter
    Linkedin
      security

      Security vendor Rapid7 Dec. 17 announced that it has raised $30 million in a new Series D round of funding. To date, Rapid7 has raised $91 million in funding to help support its security business.

      Rapid7 CEO Corey Thomas is planning on using the new funds to further development of technologies to help grow the company’s exposure management business. The goal of Rapid7, which provides a number of products and security services, including the Nexpose vulnerability management platform and the Metasploit penetration testing framework, is to help companies manage their global IT security exposure, he said.

      “In the last few years we have helped customers find and detect intruders in their environment, and we have helped our customers establish better security programs and practices,” Thomas told eWEEK.

      Among the product areas that the company will be expanding are its UserInsight service for incident and intruder detection and its Global Strategic Services operation, which enables organizations to use information to manage their security programs.

      With the new funding, Thomas is looking to expand both the engineering and the sales resources at Rapid7. As a private company, Rapid7 does not publicly disclose its financial status. That said, Thomas claimed that Rapid7 has a very good handle on its business.

      As a software and services company, Rapid7 does not have its own hardware. Thomas said the company does partner with some hardware vendors, but he doesn’t view hardware as a core part of his business. Moving to a hybrid environment with both on-premises and cloud components is the general direction for Rapid7’s business.

      “Our UserInsight product is managed in the cloud today, and it does have collectors that work on-premises,” Thomas said. “We also offer managed services with Nexpose.”

      Thomas said Rapid7 isn’t religious about any particular technology approach to delivery, but rather is trying to reduce customer friction points for deployment.

      From a business revenue perspective, Thomas noted that Rapid7 is primarily a product- and software-as-a-service-oriented company.

      “If you look at our revenue, we’d be considered a strong technology business and practice,” he said. “Our services are about enabling our customers to be more successful over time.”

      Given all the security vendors in the market and the growing threats from attacks, it is increasingly difficult for individual vendors to differentiate and stand out from the crowd. One of the ways that Rapid7 aims to differentiate itself is by being more substantive and help enterprises actually realize and measure value from their security investments.

      Rapid7 is able to demonstrate return on investment (ROI) for security by using a methodology that defines how expensive it is for a hacker to attack an organization.

      “So, how expensive is it for a company to be attacked and be compromised by an attacker?” Thomas said. “There are some organizations that are really cheap to attack, and that means they are susceptible to anyone attacking them.”

      On the other hand are organizations that are expensive to attack, which means it requires more focus, attention and resources from an attacker.

      There are three primary ways that Rapid7 defines how expensive it is for an attacker to attack an enterprise. The first is how effective IT is managed from a security perspective. That drills down into how well an organization deploys, configures and manages controls in their IT environment. The second factor is the speed of incident detection. That is, does an organization have technology present that can detect compromises rapidly? The third factor is how well an organization is able to manage the cost of remediation for the first two factors.

      “Our goal is to say how easy is it for you to be attacked and compromised systematically today and how do you make that more difficult and more expensive over time,” Thomas said. “It’s not a magic pill approach; it is a more managed state of security, but we think it is achievable.”

      Sean Michael Kerner is a senior editor at eWEEK and InternetNews.com. Follow him on Twitter @TechJournalist.

      Sean Michael Kerner
      Sean Michael Kerner is an Internet consultant, strategist, and contributor to several leading IT business web sites.

      MOST POPULAR ARTICLES

      Big Data and Analytics

      Alteryx’s Suresh Vittal on the Democratization of...

      James Maguire - May 31, 2022 0
      I spoke with Suresh Vittal, Chief Product Officer at Alteryx, about the industry mega-shift toward making data analytics tools accessible to a company’s complete...
      Read more
      Cybersecurity

      Visa’s Michael Jabbara on Cybersecurity and Digital...

      James Maguire - May 17, 2022 0
      I spoke with Michael Jabbara, VP and Global Head of Fraud Services at Visa, about the cybersecurity technology used to ensure the safe transfer...
      Read more
      Cloud

      IGEL CEO Jed Ayres on Edge and...

      James Maguire - June 14, 2022 0
      I spoke with Jed Ayres, CEO of IGEL, about the endpoint sector, and an open source OS for the cloud; we also spoke about...
      Read more
      Applications

      Cisco’s Thimaya Subaiya on Customer Experience in...

      James Maguire - May 10, 2022 0
      I spoke with Thimaya Subaiya, SVP and GM of Global Customer Experience at Cisco, about the factors that create good customer experience – and...
      Read more
      Big Data and Analytics

      GoodData CEO Roman Stanek on Business Intelligence...

      James Maguire - May 4, 2022 0
      I spoke with Roman Stanek, CEO of GoodData, about business intelligence, data as a service, and the frustration that many executives have with data...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2022 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×