Xconomy Boston

Rapid7 Secures $7,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b3e26e28-bc12-43a4-a810-5152d655df39&Preview=1
Date
9/17/2008
Company Name
Rapid7
Mailing Address
545 Boylston Street Boston, ME 02116
Company Description
Rapid7 is the leading provider of NeXpose Unified Vulnerability Management (UVM) Solutions.
Website
http://www.rapid7.com
Transaction Type
Venture Equity
Transaction Amount
$7,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Rapid7 will use the funds to broaden global sales channels, expand marketing and management teams, and further advance NeXpose, its solution providing comprehensive, high performance coverage of Web applications, databases and networks.
M&A Terms
Venture Investor
Bain Capital Ventures