Rapid7 Wins Red Herring 100 Award

Vulnerability Management Leader Named One of This Year’s Top Technology Companies

Rapid7, the leading provider of unified vulnerability management solutions, today announced that it has been selected as a winner of the coveted 2009 “Red Herring 100 North America” award, and joins the exclusive company of the most promising private technology organizations showcasing strong innovation, business strategy and company growth.

This year, Red Herring editors evaluated the 1,200 eligible applicants and selected the most exceptional 200 finalists, based upon the track records and standings of each company. From there, the editorial team conducted an exhaustive review of each finalist using both quantitative and qualitative criteria, such as financial performance, innovation, management, global strategy and ecosystem integration. As a result of their corporate momentum, innovation and year-over-year growth, Rapid7 was ultimately selected and recognized as one of the top technology companies of 2009.

“After reviewing a tremendous number of entries this year, we were excited to see that the technology industry continues to deliver on innovation and creativity,” said Alex Vieux, publisher and CEO of Red Herring. “Rapid7 is a shining example of the promising technology companies that Red Herring is excited to honor with this award and we congratulate them on their success. We look forward to watching them continue to grow.”

Today, organizations continue to face sophisticated security threats and require a proactive vulnerability management strategy that includes multiple assets. Since its inception in 2000, Rapid7 has provided customers in a variety of industries with the deepest level of scanning for Web applications, databases, networks and operating systems. Rapid NeXpose locates and alerts on real threats that can cause data loss and security breaches, and provides detailed remediation plans and guidance. As a result, customers can reduce their risk profile by eliminating the most critical threats, meet compliance requirements and reduce the cost and complexity of chasing false positives that are common with other vulnerability management systems.

For a true holistic vulnerability management assessment, Rapid7 also offers access to Company researchers and experts that can further help reduce threat exposure and risk through penetration testing, Web application security audits, PCI compliance testing, social engineering and best practice consulting.

“As a result of our dedicated employees, management team and investors, we’ve developed cutting-edge products and services that enable organizations to remain secure and grow, even in today’s challenging business and security climate. As a result, we’ve grown each year gaining outstanding customer wins and new partners,” said Mike Tuchen, president and chief operating officer of Rapid7. “Being selected as a Red Herring 100 winner is testimony to the impact that we’re making as a company and the variety of innovations that we’re offering to fill the industry need.”

For more than 10 years, the Red Herring 100 North America award, open to private technology companies headquartered in North America, has been given to the top 100 tech companies based upon their technological innovation, management strength, market size, investor record, customer acquisition and financial health. During the several months leading up to the announcement, hundreds of companies in the telecom, communications, security, Web 2.0, software, hardware, biotech and clean tech industries sent in their submissions to qualify for the award.

The CEOs of the 200 finalists were invited to present their winning strategies at the Red Herring Conference in San Diego, where they announced the Red Herring Top 100 winners.

About Rapid7

Rapid7 is a leader in vulnerability management and compliance, delivering a single unified solution across an organization’s entire infrastructure. Rapid7 NeXpose helps security professionals to reduce their attack surface by providing actionable insights into the real threats from vulnerabilities across their entire IT infrastructure. Rapid7 NeXpose is the only solution that provides in-depth coverage of vital Web and database systems in addition to networked devices, servers and operating systems. The NeXpose A.I. and Reporting Engines synthesize large quantities of raw data to provide direct insight into the vulnerabilities that represent the most risk to the business. From this insight the product delivers a set of prioritized remediation recommendations that help security professionals get protection fast. Organizations including Black & Decker, Trader Joe’s, Florida State University, the New York Times and the City of Philadelphia continually rely on Rapid7 products and services to mitigate risk and remain compliant. For more information, visit www.rapid7.com.

About Red Herring

Red Herring is a global media company uniting the world’s best high technology innovators, venture investors, and business decision-makers in a variety of forums: a leading innovation magazine; an online daily technology news service; technology newsletters, and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation ecosystem, featuring unparalleled insights on the emerging technologies driving the economy. For more information, visit www.redherring.com.

Contacts

SHIFT Communications for Rapid7
Amanda Munroe, 617-779-1816
Rapid7 {at} shiftcomm(.)com