2011 Press Releases

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Rapid7 Announces 7 Executive Additions and Promotions

Former LogMeIn Chief Marketing Officer Joins Rapid7 to Drive Explosive Growth

Boston, MA - December 15, 2011 - Rapid7, the leading provider of security risk intelligence solutions, today announced that Carol Meyers has joined the Company as chief marketing officer (CMO). Meyers brings extensive marketing and sales expertise and proven success in driving technology companies to growth, including delivering more than $1.5 billion in market value for investors through three IPOs.

"I was drawn to Rapid7 by the Company's compelling market opportunity, combined with the energy and innovation of the team," said Carol Meyers, CMO of Rapid7. "The Company has built a reputation for solving complex risk intelligence challenges with products that are well-designed and easy-to-use for time-pressed security teams. Customers rave about Nexpose, Metasploit and the Rapid7 people. This combination of excellent products, an innovative business model and a smart, energetic team, make Rapid7 a company destined for great success."

Meyers has over 20 years of experience in marketing and sales, including the CMO role at LogMeIn (Nasdaq: LOGM), and Unica Corporation (IPO in 2005; acquired by IBM in 2010), where she played a pivotal role in growing the Company's revenue to over $100M and establishing the new category of marketing automation software. Carol currently serves on the Board of Directors for Awareness, Inc. and the advisory boards of Virtual Computer, SocialRep and AppAssure.

"Carol brings a tremendous amount of experience to the team," said Mike Tuchen, CEO of Rapid7. "It's an exciting time to be part of Rapid7 and hiring her is one of many significant steps in our expansion efforts heading into 2012. Her addition is evidence that we're bringing in the best-of-the-best to help drive the next stage of Rapid7's development and innovation."

Rounding out the key hires, Christina Luconi will lead Rapid7's strategic people initiatives as its chief people officer (CPO). She will focus on recruiting critical talent, promoting corporate culture, and driving acquisition integration expertise to ensure Rapid7 remains a top employer around the world. Luconi joins Rapid7 with more than 15 years of experience leading people strategy for high growth organizations including @stake, Inc., and Sapient Corporation.

"I believe Rapid7 is going to be a huge success as it has both a major opportunity and incredible, driven people that have what it takes to achieve great things," said Christina Luconi, CPO of Rapid7. "My mission at the company is to build on this, bringing in even more talent and ensuring that the people driving Rapid7 to the next stage of its development have the best career experience possible."

Internal Promotions Demonstrate Rapid7's Commitment to Employee Development

Rapid7 recently secured $50 million in series C funding that will support its plans for strategic hiring and product expansion. The Company has increased global staff by 43% since January 2011. Named one of Boston's Top Places to Work by the Boston Globe, the Company recently made several key internal promotions to support the significant expansion, including naming Corey Thomas president and chief operating officer responsible for sales, marketing, engineering and operations. Kara Gilbert, who joined Rapid7 earlier this year, is now vice president of sales for the Americas, where she will manage direct and channel sales, as well as sales operations. Continuing his focus of expanding the Company’s marketing presence and lead generation program, Bernd Leger has been named vice president of marketing.

In addition, Jennifer Benson has been named vice president of customer experience. She will lead cross-company efforts to enhance the customer experience and community across multiple touch points. During her three years with Rapid7, Jennifer has been instrumental in securing a 92% customer-renewal rate and building an innovative customer-support team.

Richard Li will serve as vice president of products and strategy, solving customer problems in security through innovative technologies built by great people. Richard will also drive Rapid7's growth through strategic acquisitions.

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 2,000 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.