Frost & Sullivan Awards Rapid7 2013 Global Vulnerability Management Market Penetration Leadership Award
Rapid7 Recognized as Fastest Growing Vulnerability Management Company
Boston, MA - February 18, 2014 - Frost & Sullivan has presented Rapid7, the leading provider of IT security risk analytics and insight software and cloud solutions, with the Vulnerability Management Market Penetration Leadership award. After a careful survey and rigorous research process, Frost & Sullivan determined that Rapid7's revenue grew at a faster rate from 2011 through 2013 than the other vendors in the vulnerability management space.
"Rapid7 is renowned for its reputation in vulnerability management, which is an integral part of any security program," said Chris Kissel, Frost & Sullivan industry analyst. "Because Rapid7 has made significant investments to ensure that its offerings reflect the dynamics of the industry, including the increase of mobility and cloud-based assets and application in networks, the company's growth continues to exceed that of the total vulnerability management market."
In the report, Frost & Sullivan attributes Rapid7's success to several key performance drivers, including:
- Business expansion: After receiving Series C funding, Rapid7 expanded its engineering facilities in Los Angeles and Austin, strengthened the innovation center in its Boston headquarters, established offices in London, and expanded offices in Hong Kong.
- Smart product creation: In 2013 Rapid7 announced two new solutions, Rapid7 ControlsInsight and Rapid7 UserInsight, to deliver visibility, insight, and progress trending for information security professionals. The company also continued to deliver portfolio improvements to its existing products.
- Strong product features: Frost & Sullivan highlighted the penetration testing capabilities of Rapid7 Metasploit, the compliance reporting of Rapid7 Nexpose, and Rapid7's VMware partnership. Rapid7's vulnerability management solution integrates directly with the new VMware NSX platform, delivering next-generation insight into risk management of virtualized environments.
The Frost & Sullivan Vulnerability Market Penetration Leadership award caps off a record year for Rapid7, which included outstanding support from the security community, steady customer growth, and industry recognition.
Rapid7's IT security data and analytics solutions collect, contextualize and analyze the security data you need to fight an increasingly deceptive and pervasive adversary. Unlike traditional vulnerability assessment or incident management, Rapid7 solutions uniquely provide insight into the security state of your assets and users across virtual, mobile, private and public cloud networks. They enable you to fully manage your risk, simplify compliance, and identify, investigate and stop threats faster. Our threat intelligence, informed by members of the Metasploit open source community and the industry-leading Rapid7 Labs, provides relevant context, real-time updates and prioritized risk. Our solutions are used by more than 25% of the Fortune 1000 and nearly 3,000 enterprise, government and small business organizations across 78 countries. To learn more about Rapid7 or get involved in our threat research, visit www.rapid7.com.