Rapid7 Named a Visionary for Second Consecutive Year in Gartner® Magic Quadrant™ for Application Security Testing

Rhea-AI Summary

Rapid7, Inc. (NASDAQ: RPD) has been named a Visionary by Gartner for the second consecutive year in the 2022 Magic Quadrant for Application Security Testing. This recognition highlights Rapid7’s ability to address the complexities of modern application security, emphasizing cross-functional collaboration among security, development, and operations teams. The company integrates its application security portfolio with its broader security operations platform to enhance vulnerability remediation and risk reduction. Rapid7 continues to expand its security solutions, partnering with Checkmarx and Snyk to secure applications during development.

Positive

• Recognized as a Visionary by Gartner for Application Security Testing for the second year.
• Strong integration of application security portfolio with broader security operations platform.
• Partnerships with Checkmarx and Snyk enhance application security solutions.

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• None.

BOSTON, April 21, 2022 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leading provider of security analytics and automation, today announced it has been recognized as a Visionary by Gartner for the second consecutive year in the 2022 Magic Quadrant for Application Security Testing.

Modern application security is becoming more complex and challenging due to remote and distributed DevOps environments. Today, application security requires strong cross-functional collaboration between security, software development, and operations teams, as well as the ability to quickly scale and provide timely insights into the current state of activities.

“There is a growing desire for an application security portfolio that seamlessly facilitates the collaboration and visibility required to protect modern application environments,” said Cindy Stanton, senior vice president, vulnerability risk management at Rapid7. “At Rapid7, our goal is to deliver innovative experiences that keep businesses secure, and we’re honored to once again be recognized by Gartner for our completeness of vision and ability to execute.”

Rapid7’s best-in-class application security portfolio integrates with its broader security operations platform to seamlessly generate application security insights for key stakeholders across the software delivery lifecycle (SDLC) in order to quickly remediate vulnerabilities and reduce risk. This provides a holistic view into infrastructures - both cloud and traditional, as well as applications and APIs.

Rapid7 is well known for its expanding portfolio of solutions that deliver on modern application security requirements. This portfolio includes application monitoring and protection capabilities through its tCell RASP and Next Generation WAF services as well as Infrastructure-as-Code (IaC) scanning, workload protection and cloud security posture management. The company also has partnerships with Checkmarx and Snyk to provide SCA & SAST to secure modern applications during the development phase.

To learn more about Rapid7’s application security portfolio, please click here.

To view a complimentary copy of the full Gartner Magic Quadrant for Application Security Testing report, click here.

Source: Gartner, Magic Quadrant for Application Security Testing, Dale Gardner, Mark Horvath, Dionisio Zumerle, 18 April 2022

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About Rapid7

Rapid7 (Nasdaq: RPD) is advancing security with visibility, analytics, and automation delivered through our Insight cloud. Our solutions simplify the complex, allowing security teams to work more effectively with IT and development to reduce vulnerabilities, monitor for malicious behavior, investigate and shut down attacks, and automate routine tasks. Over 10,000 customers rely on Rapid7 technology, services, and research to improve security outcomes and securely advance their organizations. For more information, visit our website, check out our blog, or follow us on LinkedIn or Twitter.

Investor Contact:
Sunil Shah
Vice President, Investor Relations
investors@rapid7.com
(617) 865-4277

Press Contact:
Caitlin O’Connor
Senior Public Relations Manager
press@rapid7.com

FAQ

What did Rapid7 announce on April 21, 2022?

On April 21, 2022, Rapid7 announced its recognition as a Visionary by Gartner in the 2022 Magic Quadrant for Application Security Testing.

What is the significance of Gartner's recognition for Rapid7 (RPD)?

Gartner's recognition indicates Rapid7's strong performance and innovative capabilities in application security, which may enhance investor confidence.

How does Rapid7's application security portfolio benefit its customers?

Rapid7's application security portfolio provides integrated insights for vulnerability remediation, improving security and reducing risks in modern application environments.

What partnerships does Rapid7 have to enhance application security?

Rapid7 has partnerships with Checkmarx and Snyk to provide Software Composition Analysis (SCA) and Static Application Security Testing (SAST) during application development.