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Rapid7 Acquires Minerva Labs To Extend Leading Managed Detection And Response Service With Ransomware Prevention Technology

PUBLIC · RPDMar 15, 2023

Acquiring Company

Rapid7

Acquired Company

Minerva Labs

BostonInformation TechnologySecurityCyber SecurityNetwork SecurityCloud Security

Description

Rapid7, Inc. (NASDAQ: RPD), a leader in cloud risk and threat detection, today announced it has acquired Minerva Labs, Ltd., a leading provider of anti-evasion and ransomware prevention technology. Today, Rapid7’s Managed Detection and Response (MDR) services provide customers elevated detection and response capabilities across their cloud, on-premise and extended attack surfaces. With this acquisition, Rapid7 will further extend its leading managed threat detection capabilities with the ability to orchestrate advanced ransomware prevention. These new capabilities will seamlessly extend MDR across cloud resources, traditional infrastructure, and existing endpoint protection infrastructure, enabling customers to further consolidate their security investments.

Quick answer

Rapid7 is acquiring Minerva Labs, announced March 15, 2023. Rapid7 is based in Boston, Massachusetts, United States.

How much did Rapid7 pay for Minerva Labs?
The deal value was not disclosed.
What does Rapid7 do?
Rapid7, Inc. (Nasdaq: RPD) is on a mission to create a safer digital world by making cybersecurity simpler and more accessible.
Where are Rapid7 and Minerva Labs based?
Rapid7 is based in Boston, Massachusetts, United States.
Who are the decision-makers at Rapid7?
Fundz holds 1 contact at Rapid7. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Rapid7

Location

120 Causeway Street

Boston, Massachusetts, United States

About

Rapid7, Inc. (Nasdaq: RPD) is on a mission to create a safer digital world by making cybersecurity simpler and more accessible. We empower security professionals to manage a modern attack surface through our best-in-class technology, leading-edge research, and broad, strategic expertise. Rapid7’s comprehensive security solutions help more than 10,000 global customers unite cloud risk management and threat detection to reduce attack surfaces and eliminate threats with speed and precision. For more information, visit our website, check out our blog, or follow us on LinkedIn or Twitter.

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Frequently asked

Who acquired Minerva Labs?

Minerva Labs was acquired by Rapid7, based in Boston. The deal was reported on March 15, 2023. Rapid7, Inc. (Nasdaq: RPD) is on a mission to create a safer digital world by making cybersecurity simpler and more accessible. Rapid7 is publicly traded (RPD) and operates in Information Technology.

When did Rapid7 acquire Minerva Labs?

Rapid7's acquisition of Minerva Labs was reported on March 15, 2023. Rapid7, Inc. (NASDAQ: RPD), a leader in cloud risk and threat detection, today announced it has acquired Minerva Labs, Ltd., a leading provider of anti-evasion and ransomware prevention technology. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Minerva Labs do?

World's first patented ransomware protection technology, stopping ransomware before it even starts It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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