NEWS & EVENTS

2010 Press Releases

Rapid7 Ranked the Number One Fastest Growing Software Company in Massachusetts on Deloitte’s 2010 Technology Fast 500

Leading Security Company Beats All Industry Competitors with 4-Year Growth of 1,073 Percent and Overall Rank of 102nd on Premier Annual List

BOSTON, Mass. – October 25, 2010 – Rapid7^®, the leading provider of unified vulnerability management and penetration testing solutions, today announced that it was ranked the number one fastest growing software company in Massachusetts and number 102 overall on the Technology Fast 500™, Deloitte's ranking of 500 of North America’s fastest growing companies. Rankings are based on percentage of fiscal year revenue growth during the period from 2005–2009, during which Rapid7 secured an impressive growth of 1,073 percent.

Rapid7 President and Chief Executive Officer Mike Tuchen credits the Company’s impressive growth to an unwavering commitment to fast-paced product innovation, open source and security community collaboration, and continued industry thought leadership. "Today's organizations are facing an unprecedented amount of risk to their entire IT environment and, therefore, comprehensive vulnerability management and penetration testing solutions that provide actionable intelligence are a must have. Rapid7 has aggressively pushed the limits of the industry to provide top-quality, integrated security solutions that support the needs of network infrastructures, enterprise applications, databases and Web applications. Deloitte's ranking of Rapid7 as one of the fastest growing companies in the nation, beating out all of our industry competitors, is an outstanding accomplishment and clear validation of our unique ability to meet the needs of companies worldwide."

During the past four years, Rapid7 made unparalleled strides in the security industry that accelerated its leadership and growth, including its acquisition of the renowned open source penetration testing platform Metasploit^® Project in October 2009. As the world’s most successful collaboration between an open source project and a commercial vendor, Rapid7 has leveraged its Metasploit relationship to enhance its flagship vulnerability management product Nexpose^®, develop industry-leading commercial penetration testing solutions, including Metasploit Pro™ and Metasploit Express™, and support the thriving open source community to include one million downloads and updates to the Metasploit Framework.

"Rapid7 and the other 2010 Technology Fast 500 winners forged ahead in a challenging economic environment to realize exceptional growth," said Phil Asmundson, vice chairman and Deloitte's U.S. technology, media and telecommunications leader. "Deloitte commends Rapid7 for this impressive accomplishment."

Further amplifying the Company's continued domination in the security and software industries, Rapid7 was also honored with an overall number 31 ranking in Deloitte's Fast 500 software category, the third highest mark of all security companies in North America.

"Rapid7 has proven itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500," said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP.

For additional detail on the Technology Fast 500 including selection and qualifying criteria, visit www.fast500.com.

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.

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