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Rapid7 announces continued record revenue results

Company thrives with sustained technology innovation, international development, and focus on customer satisfaction.

By Duncan Macrae

Rapid7, a provider of IT security risk management software and cloud solutions, has announced its seventeenth consecutive quarter of record revenue.

In Q2, Rapid7 stayed on top with product innovations across the portfolio, international expansion and community recognition on the heels of increased investments in its comprehensive security solutions and dedication to outstanding customer satisfaction.

In the second quarter of 2013, Rapid7 released new innovations for its solution portfolio, which included improvements to Metasploit, Nexpose and Mobilisafe. Metasploit 4.6, the enhanced version of Rapid7’s penetration testing software, offers three new wizards, which is intended to make penetration testing quick and easy. Metasploit 4.6 is also the first penetration testing solution to provide testing capabilities for the Open Web Application Security Project (OWASP) Top 10 2013.

Also included in the portfolio advancements was Nexpose 5.6, the next evolution of its vulnerability management solution. New "Top Remediation" reports offer users a faster path to action and increased security and this version also introduces Center for Internet Security (CIS) Benchmarks for Red Hat Enterprise Linux.

Additionally, Mobilisafe, Rapid7’s solution for mobile risk management, now integrates with Microsoft Office 365 to protect companies who use the cloud-based application to access sensitive information on mobile devices.

In Q2, Mobilisafe was included in Gartner’s report on Cool Vendors in Security: Security Intelligence 20131. The Cool Vendors report discusses Mobilisafe’s TrustScore metric, which enables organizations to focus on users and devices that pose the highest risk. Mobilisafe’s inclusion in the Cool Vendors report points to the importance of mobile security as a component of a comprehensive security program.

At the HackMiami 2013 Hacker Conference in Q2, Nexpose and Metasploit won in a head-to-head test against other web application scanning tools. The competition involved simulations of realistic, challenging situations, testing web applications like PHP, JSP, and .NET. Nexpose web application scanner received a nearly perfect score of 19.8 out of 20, and earned the highest score in the field of competitors in each category: Ease of Interface, Vulnerability Detection, Reporting, and Overall Value.

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With an increasing focus on international expansion, Rapid7 signed a partner agreement with Terach Benelux, a next generation distributor for the region which includes Belgium, the Netherlands, and Luxembourg. Terach now distributes Rapid7’s products in Benelux as part of their strong security portfolio.

Additionally, the Dubai World Trade Centre (DWTC) began using Nexpose for vulnerability management. The solution, implemented by Rapid7’s regional partner Spire Solutions, was deployed to enable DWTC to identify and remediate threats, misconfigurations, and malware in their environment. DWTC’s adoption of Nexpose indicates that businesses in the region are not only concentrating more on building security awareness, but also taking action to protect their organisations from information security risks.

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