2009 Press Releases

Deloitte Ranks Rapid7 Number 72 Overall And Number 15 In Software On Its 2009 Technology Fast 500™

Vulnerability Management and Penetration Testing Leader Recognized as one of the Fastest Growing Companies in North America

BOSTON, Mass. – October 26, 2009 – Rapid7, the leading provider of unified vulnerability management, compliance and penetration testing solutions, today announced that with 2459% revenue growth over the past five years it ranked number 72 overall on the 2009 Technology Fast 500™, Deloitte LLP's ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. With its continued growth and innovation, Rapid7 was also honored with a number 15 ranking in Deloitte’s Fast 500 software category.

"Our number one priority has always been to develop innovative products and services that provide secure environments for our customers, and we are proud to have met this goal year over year," said Mike Tuchen, president & CEO, Rapid7. "It's as a result of this dedication that we've continued to grow as a company with outstanding customer wins, new partners and industry acquisitions. This inclusion in the top 100 companies is truly an honor."

Rapid7 is the only company to deliver a full breadth of security assurance solutions and expertise. Rapid7 NeXpose, the company's flagship vulnerability management product, provides prioritized, remediation-based reporting and risk-based scoring to help organizations optimize their network security , Web application security and database security strategies. Now managing the Metasploit Project, Rapid7 brings richer exploitability data to NeXpose users, empowering customers to better identify, prioritize and remediate security threats.

Technology Fast 500™ rankings are based on percentage of fiscal year revenue growth during the five year period from 2004–2008. Overall, award winners for 2009 had growth rates ranging from 212 to 146,050 percent over five years.

"Technology Fast 500™ recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth," said Phil Asmundson, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP. "We congratulate Rapid7 on this accomplishment."

About Rapid7

Rapid7 is the leading provider of unified vulnerability management and penetration testing solutions, delivering actionable intelligence about an organization’s entire IT environment. Rapid7 offers the only integrated threat management solution that enables organizations to implement and maintain best practices and optimize their network security, Web application security and database security strategies.

Recognized as the fastest growing vulnerability management company in the U.S. by Inc. Magazine, Rapid7 helps leading organizations such as Liz Claiborne, the United States Postal Service, Carnegie Mellon University and Red Bull to mitigate risk and maintain compliance for regulations such as PCI, HIPAA, FISMA, SOX and NERC. Rapid7 also manages the Metasploit Project, the leading open-source penetration testing platform with the world’s largest database of public, tested exploits. To obtain a free download of NeXpose or Metasploit, please visit http://www.rapid7.com/resources/free-downloads.jsp.

For more information, visit www.rapid7.com.

Deloitte's 2009 Technology Fast 500™
In order to be eligible for Technology Fast 500™ recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues. Using other companies' technology or intellectual property in a unique way does not satisfy this requirement. Consulting companies, professional service firms, etc. are not eligible unless they have proprietary technology that contributes to a significant portion of their operating revenues.

Technology Fast 500™ award eligibility requirements also include base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. These revenues must have more than doubled between 2004 and 2008. Additionally, companies must be in business for a minimum of five years and be headquartered within North America.

About Deloitte
As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.