2009 Press Releases

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Rapid7 Recognized by Inc. Magazine as One of America’s Fastest Growing Companies

Vulnerability Management Company Listed as 7th Fastest Growing Security Company in this Year’s Inc. 500 as a Result of its Staggering 3-Year Growth

BOSTON, MA - August 12, 2009 - (BUSINESS WIRE)--Rapid7®, the leading provider of unified vulnerability management solutions, today announced it has ranked No. 7 among security companies in Inc. Magazine's 28th annual Inc. 500, an exclusive ranking of the nation's fasting growing private companies. Overall, Rapid7 ranked No. 293 in the annual listing with a 3-year growth of nearly 800 percent.

"Being part of the Inc. 500 list is not only an honor but a priority for us at Rapid7," said Mike Tuchen, president and CEO of Rapid7. "We've continued to remain focused on using investment dollars and executive company expertise to develop a vulnerability management solution that stands apart from the rest. As a result, we've been able to secure the types of customers that any growing company desires. It's because of these efforts that we've grown so quickly and successfully the past few years."

Since being founded in 2000, Rapid7 has provided companies across a multitude of industries with the broadest level of vulnerability management and compliance solutions, delivering actionable intelligence about the entire IT environment. Rapid7's solutions provide in-depth coverage for network infrastructures, enterprise applications, databases and Web applications. With the industry's first prioritized, remediation-based reporting and flexible risk scoring, security professionals rely on Rapid7's expert system to help protect their environments faster and more effectively. Rapid7's products and services provide critical insight that help organizations comply with mandatory regulations, including security requirements for PCI, HIPAA, FISMA, SOX and NERC.

As a result of Rapid7's business strategy and investments in product research and development, customers and partners have applauded its vulnerability management solution and expertise, and the Company has experienced staggering growth year-over-year. During the first half of 2009, more than 90 marquee customers like Barneys New York, Brit Insurance, California State University - Northridge, Chevron Federal Credit Union, Citrix Online, Colby-Sawyer College, Consulate Healthcare, the Commonwealth of Massachusetts, e*Trade, GTE Federal Credit Union, the National Nuclear Security Administration, Pediatrix Medical Group, Stein Mart and the University of Oklahoma joined the robust list of customers that already included Black & Decker, Carnegie Mellon, Liz Claiborne, the New York Times and Trader Joe's.

Methodology

The 2009 Inc. 500 measures revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they had to be U.S.-based, privately held, for profit and independent - not subsidiaries or divisions of other companies - as of December 31, 2008. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2005 is $200,000; the minimum for 2008 is $2 million.

About Rapid7

Rapid7 is the leading provider of security risk intelligence solutions. Rapid7's integrated vulnerability management and penetration testing products, Nexpose and Metasploit, empower organizations to obtain accurate, actionable and contextual intelligence into their threat and risk posture. Rapid7's solutions are being used by more than 1,700 enterprises and government agencies in more than 65 countries worldwide, while the Company's free products are downloaded more than one million times per year and enhanced further by over 125,000 security community users and contributors. Rapid7 has been recognized as one of the fastest growing security companies by Inc. Magazine and as a "Top Place to Work" by the Boston Globe. The Company is backed by Bain Capital Ventures and Technology Crossover Ventures. For more information about Rapid7, please visit http://www.rapid7.com.

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.

About the Inc. 500|5000 Conference

Each year, Inc. and Inc.com celebrate the remarkable achievements of today's entrepreneurial superstars—the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. 5000 community, both a new class of Inc. 5000 honorees and the list's alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 23–25, 2009, at the Gaylord National Resort and Convention Center in National Harbor, Maryland. For more information about the 2009 Inc. 500|5000 Conference & Awards Ceremony, and to register, visit www.Inc500event.com. Stay connected with Inc. Events by following @IncEvents on Twitter.