Wednesday, September 17, 2008

Rapid7 Raises $7 Million from Bain Capital Ventures - Boston, MA

Rapid7, a Boston-based provider of network vulnerability management technology, announced on Wednesday that it has raised $7 million from Bain Capital Ventures, the venture capital arm of Boston-based Bain Capital. First launched in 2001, Rapid7’s products provide security for Web applications, databases and networks. “With its record of providing enormous value to more than 400 customers of all sizes and industries, we believe Rapid7 has the opportunity to continue to transform the market landscape and become the go-to technology provider for organizations seeking a superior security solution,” said Ben Nye, managing director at Bain Capital Ventures, in an announcement about the deal.


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