Company Overview of Rapid7, Inc.
Rapid7, Inc. provides security data and analytics solutions that enable organizations to implement an analytics-driven approach to cyber security. It offers threat exposure management solutions, including Nexpose that enables customers to assess and remediate their exposure to cyber risk; Metasploit, a penetration testing software solution; and AppSpider, an application security testing solution. The company also provides incident detection and response solutions, such as InsightUBA, a cloud-based solution that enables customers to detect intruders; InsightIDR, a cloud based offering for incident detection and response; Analytic Response, a managed service that provides customers with threat...
100 Summer Street
Boston, MA 02110
Founded in 2000
Key Executives for Rapid7, Inc.
Chief Executive Officer, President and Director
Total Annual Compensation: $351.9K
Chief Financial Officer
Total Annual Compensation: $302.3K
Senior Vice President of Global Sales
Total Annual Compensation: $294.9K
Compensation as of Fiscal Year 2015.
Rapid7, Inc. Key Developments
Rapid7, Inc. Appoints Andrew Burton as Chief Operating Officer
Oct 4 16
On October 4, 2016, Rapid7, Inc. announced that Andrew Burton, its current Senior Vice President, IT Search, has been appointed as the Chief Operating Officer of the company, effective October 3, 2016. Mr. Burton joined the company in October 2015 as its Senior Vice President, IT Search in connection with the company's acquisition of Logentries. Prior to that time, from July 2013 to October 2015, Mr. Burton served as President and Chief Executive Officer of Logentries.
Rapid7, Inc. Announces Un-Audited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016; Provides Earnings Guidance for the Third Quarter and Year of 2016
Aug 8 16
Rapid7, Inc. announced un-audited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company’s total revenue increased 45% year-over-year to $37.3 million compared to $25.8 million in last year. The increase in revenue reflects increased sales generated from sales of Rapid7’s differentiated security data and analytics offerings driven by solid customer demand in both the enterprise and mid-market sectors across products, as well as increased maintenance and professional services. Strong financial results drove positive operating cash flow in the second quarter of 2016 of $1.9 million compared to cash used in operations of $1.2 million in the second quarter of 2015. For the second quarter of 2016, GAAP loss from operations was $13.3 million compared to $8.6 million, and non-GAAP loss from operations was $9.1 million compared to $7.1 million for the last year, respectively. GAAP net loss per share was $0.33 compared to $2.59 and non-GAAP net loss per share was $0.22 compared to $0.61 in 2015, respectively. The company reported loss before income taxes of $13.3 million compared to $9.1 million and net loss attributable to common stockholders of $13.5 million compared to $33.0 million for the last year.
For the six months, the company’s total revenue was $72.1 million compared to $49.4 million in last year. Net cash provided by operating activities was $0.3 million compared to net cash used in operating activities of $4.3 million in 2015. GAAP loss from operations was $28.9 million compared to $15.2 million, and non-GAAP loss from operations was $18.6 million compared to $12.9 million for the last year, respectively. GAAP net loss per share was $0.71 compared to $4.10 and non-GAAP net loss per share was $0.46 compared to $1.15 for in 2015, respectively. The company reported loss before income taxes of $28.7 million compared to $16.8 million and net loss attributable to common stockholders of $29.0 million compared to $52.0 million for the last year. Purchases of property and equipment was $1.8 million compared to $1.2 million for the last year.
The company provided earnings guidance for the third quarter and year of 2016. For the quarter, the company expected total revenue in the range of $38.6 to $40.0 million, loss from operations (non-GAAP) in the range of $8.6 to $7.6 million and net loss per share (non-GAAP) in the range of $0.21 to $0.19.
For the year 2016, the company expected total revenue in the range of $153.0 to $156.0 million, loss from operations (non-GAAP) in the range of $38.5 to $35.5 million and net loss per share (non-GAAP) in the range of $0.95 to $0.87.
Rapid7, Inc. to Report Q2, 2016 Results on Aug 08, 2016
Aug 3 16
Rapid7, Inc. announced that they will report Q2, 2016 results After-Market on Aug 08, 2016
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|