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Rapid7, Inc. - RPD STOCK NEWS

Welcome to our dedicated page for Rapid7 news (Ticker: RPD), a resource for investors and traders seeking the latest updates and insights on Rapid7 stock.

Rapid7, Inc. (NASDAQ: RPD) is a prominent cybersecurity company dedicated to creating a safer digital world by simplifying cybersecurity for organizations. Founded in 2000 and headquartered in Boston, Rapid7 has grown to become a global leader in providing comprehensive security solutions.

With a focus on vulnerability management, extended detection and response (XDR), security information and event management (SIEM), cloud security, threat intelligence, and security orchestration, automation, and response (SOAR), Rapid7 empowers over 11,000 customers worldwide. These solutions help security teams reduce vulnerabilities, detect and respond to threats, and automate routine tasks, ensuring robust protection against cyberattacks.

Rapid7 recently announced the opening of a new office in Prague, Czech Republic, which will serve as a hub for technical talent and innovation. This new location will also house a Security Operations Center (SOC) to enhance the company's 24x7 Managed Detection and Response (MDR) services. The Prague office aims to create over 100 jobs by mid-2024, focusing on areas like data engineering, software development, and IT.

Continuing its trend of innovation, Rapid7 introduced an AI-powered cloud anomaly detection solution. This offering improves the speed and accuracy of threat detection in cloud environments, reducing false positives and enabling rapid response to actual threats. This solution is currently available for select customers and integrates seamlessly with Rapid7's existing platform.

Rapid7's Managed Digital Risk Protection (DRP) service further extends its security offerings by monitoring external threats on the clear, deep, and dark web. This service, combined with MDR, provides comprehensive coverage of both internal and external attack surfaces, significantly enhancing threat detection and response capabilities.

The company has received industry recognition for its InsightIDR solution, which was named the Best SIEM Solution at the SC Awards Europe 2024. InsightIDR stands out for its ability to streamline detection and response through precise alerting, detailed investigations, and actionable automation.

Rapid7’s commitment to research is highlighted by its annual Attack Intelligence Report, which provides valuable insights into modern cyber threats. The 2024 report emphasized the increasing threat of zero-day vulnerabilities and the importance of timely patching and mitigation strategies.

Overall, Rapid7 continues to expand its global footprint, invest in innovation, and deliver top-tier cybersecurity solutions, making it a vital player in the fight against cyber threats.

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Rapid7 plans to offer $250 million in convertible senior notes due 2029 in a private placement
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Rapid7, Inc. to present at upcoming conferences
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Rapid7 reports Q2 2023 financial results with ARR of $751 million, a 14% YoY increase. Total revenue of $190 million, up 14% YoY. GAAP operating loss of $52 million; Non-GAAP operating income of $13 million. Restructuring plan announced to accelerate investments in integrated security solutions. Free cash flow expected to double in 2024.
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Rapid7, Inc. (NASDAQ: RPD) announces the general availability of Executive Risk View, a solution that normalizes risk scoring across cloud and on-premises environments, addressing a significant challenge security leaders are facing in a rapidly changing, hybrid environment. The solution provides comprehensive visibility and context to reduce total risk, allowing security leaders to assess and collaborate with teams across an organization to speed up cyber risk reduction. It ingests data via purpose-built collection mechanisms, providing complete visibility into risk across hybrid environments and a unified, interactive dashboard to prioritize remediation actions and share insights cross functionally.
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Rapid7 releases its 2023 Social Good Report, highlighting commitments to carbon neutrality and other key areas of social good.
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Rapid7 to present at upcoming conferences
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BOSTON, April 12, 2023 – Rapid7 (NASDAQ: RPD) will announce its first quarter 2023 financial results on May 9, 2023, after market close. A conference call to discuss the results will occur on the same day at 4:30 p.m. ET, accessible via phone or live webcast on Rapid7's investor website. The call will allow investors to gain insights into the company's financial performance and future business outlook.

Rapid7 focuses on simplifying cybersecurity for over 10,000 customers worldwide, integrating cloud risk management and threat detection solutions to enhance security and reduce attack surfaces.

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FAQ

What is the current stock price of Rapid7 (RPD)?

The current stock price of Rapid7 (RPD) is $39.36 as of December 20, 2024.

What is the market cap of Rapid7 (RPD)?

The market cap of Rapid7 (RPD) is approximately 2.6B.

What is Rapid7, Inc.?

Rapid7, Inc. (NASDAQ: RPD) is a cybersecurity company that provides comprehensive security solutions such as vulnerability management, extended detection and response, and security information and event management.

When was Rapid7 founded?

Rapid7 was founded in the year 2000.

Where is Rapid7 headquartered?

Rapid7 is headquartered in Boston, Massachusetts, USA.

What recent expansions has Rapid7 undertaken?

Rapid7 recently opened a new office in Prague, Czech Republic, which will serve as a technical hub and house a new Security Operations Center (SOC).

What innovations has Rapid7 introduced recently?

Rapid7 introduced an AI-powered cloud anomaly detection solution to enhance threat detection and response in cloud environments.

What is Rapid7’s Managed Digital Risk Protection (DRP) service?

Managed DRP is an external threat monitoring and remediation service that identifies threats on the clear, deep, and dark web, enhancing overall security.

How does Rapid7 contribute to cybersecurity research?

Rapid7 publishes an annual Attack Intelligence Report, providing insights and guidance on modern cyber threats based on extensive research and data analysis.

What is InsightIDR?

InsightIDR is Rapid7's SIEM solution that streamlines detection and response with precise alerting, detailed investigations, and actionable automation.

How many employees does Rapid7 have?

Rapid7 employs approximately 2,300 people across its global offices.

How can I learn more about Rapid7’s job opportunities in Prague?

For more information on job opportunities at Rapid7’s Prague office, you can visit their careers page at https://careers.rapid7.com/rapid7-in-prague.

Rapid7, Inc.

Nasdaq:RPD

RPD Rankings

RPD Stock Data

2.55B
62.25M
1.52%
100.94%
5.27%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
BOSTON