Rapid7 Priced, Nasdaq: RPD

Provides enterprise network security software.

Industry: Technology

Latest Trade: $14.45 +0.07 (+0.5%)

First Day Return: +58.0%

Return from IPO: -10.1%

Industry: Technology

Rapid7 is a leading provider of security data and analytics solutions that enable organizations to implement an active, analytics-driven approach to cyber security. Our security data and analytics platform was purpose built for today’s increasingly complex and chaotic IT environment. We combine our extensive experience in security data and analytics and deep insight into attacker behaviors and techniques to make sense of the wealth of data available to organizations about their IT environments and users. There has been an explosion of increasingly sophisticated cyber attacks as the proliferation of mobile devices, cloud-based applications and solutions relying on user credentials has eliminated the boundaries that previously defined an organization’s network perimeter and expanded the threat surface that organizations must now defend. Our powerful and proprietary analytics enable organizations to contextualize and prioritize the threats facing their physical, virtual and cloud assets, including those posed by the behaviors of their users. Leveraging our security data and analytics platform, our solutions enable organizations to strategically and dynamically manage their cyber security exposure. Our solutions empower organizations to prevent attacks by providing visibility into vulnerabilities and to rapidly detect compromises, respond to breaches and correct the underlying causes of attacks. This balanced and analytics-focused approach ultimately better secures organizations’ environments and reduces the likelihood of, and risks associated with, cyber attacks. We believe our technology and solutions revolutionize the practice of cyber security and are central and critical to implementing a modern security program.
more less
IPO News for Rapid7
more
IPO Data
IPO File Date 06/11/2015
Offer Price $16.00
Price Range $13.00 - $15.00
Offer Shares (mm) 6.5
Deal Size ($mm) $103
IPO Data
IPO Date 07/16/2015
Offer Price $16.00
Price Range $13.00 - $15.00
Offer Shares (mm) 6.5
Deal Size ($mm) $103
Underwriters
more
Company Data
Headquarters Boston, MA
Founded 2000
Employees 554
Website www.rapid7.com